Saimbei Acquires Albanian Dairy Producer Qumeshti Ajka in Strategic Move

Albania's Saimbei has successfully completed the acquisition of local dairy producer Qumeshti Ajka. The transaction was finalized following an agreement reached with T.T.A Alba-Lam in October, as confirmed by documents submitted to the Albanian business register last week.

Qumeshti Ajka, established in 1998, has become a well-known name in the Albanian dairy market. The company produces a range of dairy products including its popular cream milk, as well as yogurt, buttermilk, cheese, and butter. The acquisition marks a significant expansion for Saimbei, a company founded in 2016 and owned by Flamur Behi.

The move is indicative of Saimbei's strategic efforts to enhance its presence in the dairy sector. The transaction details emphasize the growing interest in Albania's dairy production capabilities and the potential for growth in the industry.

The financial terms of the deal have not been disclosed, but the acquisition aligns with Saimbei's long-term goals of diversifying its product offerings and increasing its market share. The deal was facilitated by a prior agreement with T.T.A Alba-Lam, highlighting the collaborative efforts involved in this acquisition.

Such industry movements reflect a dynamic shift in the regional dairy market, with companies aiming to consolidate their operations and expand product lines to meet consumer demands.