Announced
Financials
Tags
ingredients distributor
Acquisition
Food Products
Domestic
Private
Friendly
Single Bidder
Pending
Italy
food ingredients
Majority
Synopsis
IRCA Group, an international company specializing in chocolate, creams, fruit, and high-quality food ingredients, agreed to acquire Benetti, a distributor specializing in food ingredients and semi-finished products active in northeast Italy. Financial terms were not disclosed. "We are proud to collaborate with Benetti, a Company that will assume an instrumental strategic role within the IRCA Group. The Italian pastry and bakery ingredients distribution market is marked by a collection of small-scale operators. In this landscape, Benetti stands out for its exceptional professionalism, the comprehensive coverage of its reference area in northeast Italy, and for its superior service level. We believe that together with the Benetti Family, the Group will accelerate its growth, expanding its customer base and providing access to a complete product portfolio," Mauro Nebuloni, IRCA Group CCO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.