Announced

CriteriaCaixa to acquire a 20% stake in Europastry for €280m.

Synopsis

CriteriaCaixa, an investment company that provides funds for energy, banking, infrastructure, services and real estate, agreed to acquire a 20% stake in Europastry, a provider of frozen bakery products, for €280m ($234m). This alliance aims to boost the company's growth, accelerate its global expansion and reinforce its commitment to innovation and production excellence.

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