Announced
Completed
Synopsis
Valeo Foods Group, a producer of quality sweets, treats and snacks, completed the acquisition of Freddi Dolciaria, a sweet bakery company. Financial terms were not disclosed. “Freddi Dolciaria is a fantastic addition to the Valeo Foods portfolio, which already includes some of Europe’s most established and beloved cakes. Commercially, this move strengthens and broadens our product range, introducing exclusive, global licencing partnerships with leading CPGs and expanding our healthy and ‘free-from’ offerings. As Freddi Dolciaria joins our portfolio, we enhance our manufacturing and logistical capabilities, adding an additional, well invested, flexible facility to support our ambitious growth plans. This marks the next step in our vision to establish Valeo Foods as the leading European champion in sweet treats,” Ronald Kers, Valeo Foods Group CEO.
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