Casalasco completed the acquisition of a 70% stake in De Martino.

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.