Announced
Completed
Financials
Sources
Tags
Italy
food company
Food Products
Single Bidder
Friendly
Acquisition
Domestic
Majority
Private
Completed
Synopsis
Casalasco, a tomato-based product company, completed the acquisition of a 70% stake in De Martino, a long-established trading company specialising in the sale of Italian food preserves. Financial terms were not disclosed. “This new operation seeks to reinforce our presence on markets we consider strategic, specifically in terms of promoting Italian produce. The partnership with vastly experienced, qualified operators such as De Martino will allow us to be immediately operative in these geographical areas, with the aim of meeting our growth and profitability targets in a shorter time,” Costantino Vaia, Casalasco CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.