Vandemoortele completed the acquisition of Dolciaria Acquaviva from Apheon.

Vandemoortele, a bakery products provider, completed the acquisition of Dolciaria Acquaviva, a wholesale distributor of confectionery and related products, from Apheon, a pan-European mid-market private equity investment company. Financial terms were not disclosed. "We are happy to welcome Dolciaria Acquaviva into the Vandemoortele family. This strategic acquisition strengthens our market presence in Italy and aligns with our vision of providing exceptional products and experiences to our customers,” Jean Vandemoortele, Vandemoortele Chairman of the Board.