Italy-based gluten-free nutrition and dietetic foods business Dr. Schär has established sales offices in Argentina and Turkey through taking stakes in local businesses.
The company, which already operates in countries such as Germany, France, and Spain, as well as its domestic market, previously only had distribution deals for its products in Argentina and Turkey.
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By GlobalDataIn Argentina, it has acquired 70% of the import business Frigluten and renamed it Schär Argentina. The owner family Crescini will support Dr. Schär in implementing the joint project on site and will keep the remaining shares.
Meanwhile, in Turkey, it has acquired shares of the Turkish brand Glutensiz Ada, which has been renamed Dr. Schär Turkey.
It will sell products of both the Schär and Glutensiz Ada brands.
On its plans in Turkey, Dr Schär sales director Werner Strobl, said: “We will soon expand the acquired production plant and we expect to manufacture a Schär bread and flour line on site at the beginning of 2020.”
Financial details relating to the deals have not been disclosed.
Dr Schär said it plans to establish the Schär subsidiary brand in the premium segment of the new markets and to create new important sales markets for its products.
South Tyrol-based Dr. Schär specialises in gluten-free foods and other nutritional products used to alleviate a variety of medical conditions.