Subscribe Login
A-Brands

Barilla Acquires Pasta Firm Catelli For €107m

Italy's Barilla has finalised a deal to buy dry pasta firm Catelli from Spain's Ebro Foods in a deal worth around €107 million, the two groups said on Monday.

For the family-owned company this is the second acquisition in less than a month, after it announced a deal to purchase a majority stake in Britain's Pasta Evangelists.

With the latest transaction, Barilla will get three brands of Catelli and a production plant in Montreal, increasing the Italian group's exposure to North America.

'Natural Fit'

"Given the synergies between our business strategies, commitments and values, Catelli dry pasta is a natural fit for the expansion of our business," Barilla Chief Executive Claudio Colzani said in a statement.

The world's biggest pasta maker also said it planned to roll out €1 billion worth of investments in its home-country between 2020 and 2024.

The money will fund several different projects including improvements of Barilla's existing pasta production sites and acquisitions. Last year, the group finalised the purchase of a pasta plant in the northeast of Italy.

News by Reuters, edited by Checkout. 

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription
LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription