Ebro Foods buys a majority share of Italian pasta maker Pastificio Lucio Garofalo

摘要

Spanish food giant Ebro Foods has acquired a 52% stake of Italian pasta maker Pastificio Lucio Garofalo for ?62.5 million. Following the deal, Italian pasta brand, Garofalo, which will continue to be produced at the Gragnano headquarters, can be positioned for international growth through Ebro Food's experience and expertise. The acquisition will give Ebro access to the premium pasta segment.