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News 2026-10-16 20:22 UTC

M. Dias Branco Agrees to Acquire 80% Stake in Grespan

M. Dias Branco agreed October 16, 2026, to acquire 80% of Grespan Pães Congelados through subsidiary Jasmine. The agreement includes an option to acquire the remaining stake within five years of closing. Grespan, a frozen bakery producer based in Marília, São Paulo, recorded approximately R$139 million in gross revenue