Sperlari to acquire a majority stake in Dulcioliva.

Sperlari, a confectionary group, agreed to acquire a majority stake in Dulcioliva,a. company operating in the chocolate specialities sector. Financial terms were not disclosed. Thanks to the partnership agreement, Sperlari will benefit from a wide range of chocolate specialities of Italian tradition and will offer Dulcioliva further opportunities for geographical synergies in terms of market presence in Europe, North America and Asia. "Sperlari and Dulcioliva are two historical Italian companies united by similar values such as product quality and goodness, attention to raw materials, tradition and Made in Italy label. This partnership will offer both companies new development opportunities in Italy and abroad and the possibility to be even closer to clients, meeting their needs of taste and quality through the best expression of Made in Italy," Piergiorgio Burei, Sperlari CEO.