Fondo Italiano d'Investimento to acquire a 60% stake in Pasta Berruto from Webcor Investments.

Fondo Italiano d'Investimento, an investment firm, agreed to acquire a 60% stake in Pasta Berruto, a historic Piedmontese pasta company, from Webcor Investments, an investment company. Financial terms were not disclosed. "With enthusiasm and pride, we announce our new strategic partnership with FIAF. This collaboration marks an exciting chapter in our history of excellence in the production of high-quality Italian pasta. This important step represents a joint commitment to a future of growth, thanks to the valuable contribution of all those who embody the passion and expertise that characterize our company. We look to the future with optimism, ready to write a new chapter of success together, guided by the strength and determination of this new team," Stefano Berruto, Pasta Berruto CEO.