Italian confectionery companies Pernigotti and Walcor merge, creating €70m entity with 340 employees.

From Yahoo Finance: 2025-07-03 09:21:00

Italian confectionery companies Pernigotti and Walcor have merged, creating an unnamed entity with a €70m annual turnover and over 340 employees. Production will continue at facilities in Novi Ligure and Pozzaglio ed Uniti. JPMorgan Asset Management owns Pernigotti and Walcor, with Invitalia holding a minority stake. Francesco Pastore is the new CEO.

Walcor believes the merger will simplify the structure, expand offerings, and improve efficiency. Francesco Pastore, the new CEO of the combined group, aims to leverage synergies, expand global presence, and inspire the team. Founded in 1954, Walcor specializes in chocolate coins, hollow figures, and Easter eggs, while Pernigotti offers Italian chocolate products like Gianduiotto and Cremino.

The merger showcases a vision to support and relaunch Italian excellence. Pernigotti and Walcor aim to create a successful future by combining tradition and innovation. With Invitalia as a minority shareholder in both companies, the shares of Lynstone and Invitalia have been aligned. Attilio Capuano, the former leader, is thanked for his work.



Read more at Yahoo Finance: Pernigotti merges with Italian confectionery peer Walcor