Alantra advised Newlat Food on the acquisition of Italian premium pasta producer, Delverde Industrie Alimentari S.p.A, from Molinos Rio de la Plata, a major food group in Argentina

Oct 2019

Buy-side advisory

Value $10.4 million

Alantra advised Newlat Food on the acquisition of Italian premium pasta producer, Delverde Industrie Alimentari S.p.A, from Molinos Rio de la Plata, a major food group in Argentina.

Founded in 2004, Newlat Food is one of Italy’s leading producers of milk and dairy, pasta and baked goods, as well as in the areas of nutritional and children’s products. The company has a turnover of US$400 million and US$30 million EBITDA. It operates with both well-known owned and third-party brands. Extensive distribution enables Newlat Food to reach outlets all across Italy through direct consignments and dealers, as well as worldwide through significant partnerships with international distribution chains/operators.