Emmi acquires Pasticceria Quadrifoglio

By Jim Cornall contact

- Last updated on GMT

Pasticceria Quadrifoglio has two production sites near Modena, Italy.
Pasticceria Quadrifoglio has two production sites near Modena, Italy.

Related tags: Emmi, Dessert

Swiss dairy company Emmi has acquired Italian dessert company Pasticceria Quadrifoglio srl as part of its strategic growth in the sector.

The current Emmi Dessert Italia network consists of three production locations in Gattico, Pero and Lasnigo in northern Italy.  The integration of Pasticceria Quadrifoglio, located with two production sites near Modena, will further expand Emmi’s production and distribution capabilities.

Food service channel

Pasticceria Quadrifoglio is established in the Italian food retail and food service sectors. Emmi said it expects the acquisition to provide new impetus for its dessert network, especially in the catering sector.

Pasticceria Quadrifoglio is also involved in Italian ice cream (gelato). It was founded in 1978 by Claudio Canali, his wife, his sister and his brother-in-law. Together with their partner Franco Carzoli, they now have around 90 employees and posted net sales of €19m ($21m) in 2018.

Emmi said the Canali family will continue to play a leading role in operating activities. Synergies with the other “Emmi Dessert Italia” subsidiaries will be leveraged gradually.

The closing of the transaction is subject to the approval of the relevant competition authorities.

The purchase price was not disclosed.

Related topics: Business, Dairy, Mergers and acquisitions

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Featured Events

View more

Products

View more

Webinars