BiaVest completed the acquisition of an 80% stake in Riesa Nudeln.

BiaVest, a food-investment group, completed the acquisition of an 80% stake in Riesa Nudeln, a pasta brand. Financial terms were not disclosed. “This transaction is a resounding success for BiaVest. In our first acquisition on the European continent, we have found a highly respected brand whose management have exciting plans to expand and develop the business. Our thanks to Carlsquare for guiding us through the acquisition process. Once again, Arnold Holle and his team demonstrated their expertise in the food & beverage sector," Hilliard Lombard, BiaVest Co-Founder.