Ebro considers this acquisition as a great opportunity to accelerate its growth in the promising fresh segment.
Spanish food processing company Ebro has carried out a deal to buy 70 per cent of the Italian fresh pasta manufacturer Bertagni in a deal worth €130 million ($159 million).
In order to ensure the continuity of the success of the company, current shareholders and managers Antonio Marchetti and Enrico Bolla will retain 30 per cent of the capital share of Bertagni.
The Italian manufacturer has plants in Vicenza and Avio and a workforce of 275 employees. It is one of the oldest brands of filled pasta in Italy and specialises in premium pasta. It’s sales in 2017 were over €70 million, with over 90 per cent of its business outside Italy.
Ebro considers this acquisition as a great opportunity to accelerate its growth in the promising fresh segment and become the second-largest producer of fresh pasta in the world, within Ebro’s strategy of consolidating its growing in all segments of fresh food.
