Valeo Foods Group acquires Melegatti 1894, expanding its sweet treats portfolio globally.

From Yahoo Finance: 2025-07-02 09:15:00

Valeo Foods Group acquires Italian bakery Melegatti 1894, specializing in panettone, pandoro, and croissants. Transaction details remain undisclosed. This move aligns with Valeo’s strategy to expand its sweet treats portfolio globally, following recent acquisitions in Italy. CEO Ronald Kers sees this as an opportunity to grow the company’s presence in south-west Europe and beyond.

Melegatti 1894, founded in 1894 by Domenico Melegatti, has a rich history of over 130 years. The company’s production facilities are based in Verona, Italy. President Roberto Spezzapria expresses confidence in Valeo Foods Group’s ability to lead Melegatti into international expansion while preserving its Italian heritage.

Valeo Foods Group, backed by Bain Capital, adds Melegatti 1894 to its portfolio of brands, including Balconi cakes and Kettle Chips. With revenues exceeding €1.8bn ($2.12bn) and nearly 6,000 employees across 30 facilities in the UK, Italy, Germany, and the Netherlands, this acquisition strengthens Valeo’s position in the global food market.



Read more at Yahoo Finance: Valeo Foods Group buys Italian panettone maker Melegatti 1894