Turnover: 3.64 billion EUR (2023)

Country: France

Bel is a food company active in the dairy products sector. it is the second largest cheese producer with 30 production sites worldwide, including 9 in France. With a total of 4 subsidiaries, the group is known for its famous cheeses such as Babybel, Boursin, Kiri or The Laughing Cow, which are very popular among children. In addition, Bel specializes mainly in processed cheese, fresh cheese and pressed cheese, with nearly 2 billion liters of milk collected annually worldwide.

News

Bel acquires stake in Chinese company Shandong Junjun Cheese 16/08/2022

  • Bel acquires stake in Chinese company Shandong Junjun Cheese

Kiri is available in organic 02/06/2022

  • After launching organic on The Laughing Cow and MiniBabybel in 2018, the Bel cheese group has decided to do the same on its Kiri brand with additional commitments
  • The milk used is 100% organic from pastured cows and GMO-free cattle feed
  • Kiri has achieved sales of 72 million euros by 2021.
  • Today, organic cheese accounts for 3% of Bel's sales in the children's cheese segment

Babybel teams up with Terracycle to give packaging a second life 25/05/2022

  • Targeting a 50% reduction in carbon emissions compared to 2017
  • 100% recyclable Babybel packaging by 2025

In 2021, the Bel cheese group posted sales of 3.3 billion euros. 18/03/2022

  • In 2021, the Group posted sales of 3.3 billion euros (-2.2%), with operating income before non-recurring items down 15.3% to 223 million euros.
  • Sales up 2.3
  • The activities of Royal Bel Leerdammer B.V., Bel Italia, Bel Deutschland and Bel Shostla Ukraine were sold to Lactalis in September 2021.

Bel takes a step towards decarbonization 10/02/2022

  • Bel, already very sensitive to the environmental cause, has just set itself a new challenge to limit global warming: reducing its greenhouse gas emissions by 1/4 by 2035
  • Bel aims to make 2022 a plant-based year with Nurishh, its plant-based alternative to cheese
  • Nurishh is the market leader in this segment, with a 44% market share by value

Bel continues to expand its plant-based business with the launch of Nurishh 28/04/2021

  • Range of cheese alternatives: Nurishh Launched in the UK, USA, Belgium and France
  • Nurishh will replace the Nature et Moi brand, acquired by Bel when it bought French SME All in Foods in March 2020

Financial Data

DUNS: 488559691

Legal Name: BEL

Address: 2 ALL DE LONGCHAMP , 92150 SURESNES

Number of employees: 13 000 (2018)

Capital: 10 308 503 EUR


Financial Data:

Year Turnover (€) Net Profit (€) Fiscal Year End Fiscal Year Duration
2020 1 323 456 000 EUR 91 665 000 EUR 31/12/2020 12
2019 1 317 068 000 EUR 93 086 000 EUR 31/12/2019 12
2018 1 314 188 000 EUR 92 231 000 EUR 31/12/2018 12
2017 1 317 849 000 EUR 133 402 000 EUR 31/12/2017 12
2016 1 385 125 000 EUR 101 721 000 EUR 31/12/2016 12

Studies mentioning this company

The cheese market and cheese dairies - France

Other companies mentioned:

  • La Cloche à fromage
  • Franprix (Groupe Casino)
  • Sodiaal Groupe (Coopérative)
  • Bel Groupe
  • Eurial Coopérative
  • Lactalis Groupe
  • Jay & Joy
  • Chevenet
  • Fromagerie Beillevaire
  • Savencia Fromage & Dairy groupe
  • Entremont (Sodiaal)
  • Ermitage - Union Laitière Vittelloise
  • Henri Hutin Fromagerie (Hochland)
  • Agropur
  • Hochland
  • Morin Fromager
  • Quatre Homme Fromagerie
  • Androuet
  • Lincet Fromagerie
  • Fromagerie Gillot
The cheese market and cheese dairies - Italy

Other companies mentioned:

  • Carrefour Italia
  • Conad
  • Esselunga s.p.a
  • Lactalis Groupe
  • Bel Groupe
  • Colla SPA