Announced
Completed
Synopsis
AB Mauri, a company devoted to the baking industry, completed the acquisition of Mapo, a company specialized in the production of frozen bakery products. Financial terms were not disclosed. “Mapo is a long-standing partner for AB Mauri. It transforms the Scrocchiarella mix, produced in the Cologne plant, in Brescia, into pre-cooked frozen bases which represent a distinctive element in our product range. This strategic acquisition strengthens the supply chain and creates the conditions for investments in new production capacity aimed at satisfying the growing demand for tasty, good and contemporary products in Italy and abroad," Marco Devenuto, AB Mauri EMEA Managing Director.
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