Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Lotus Bakeries acquires full control of Italian joint venture

The Group will continue to collaborate with Lona, for storage and distribution

Lotus Bakeries has taken full ownership of its Italian marketing joint venture, Lotus Bakeries Italia, after acquiring the remaining shares of the company. The Belgium-based biscuit maker established the joint venture in 2019 with its Italian distribution partner, Lona, to focus solely on marketing the Lotus Bakeries brands in the country. From the outset, the Group held a majority stake in the business,...

hef - 18065
Brussels, Belgio, 04/01/2021 08:16
EFA News - European Food Agency

Similar

IndustryNestlé: Global Reorganization in Corporate Top Management

Leaner Executive Board and Mergers Within the Asia-Pacific and Americas Zones

All senior management will now report directly to CEO Laurent Freixe. more

IndustryNestlé: In Latin America it is among the companies where it is best to work

New CEO Freixe applauds the result and looks with interest at the potential of the Caribbean

Nestlé has been recognized as one of the best companies to work for in Latin America in 2024. Among more than 2,500 participating companies, the group secured ninth place in the prestigious Best Places... more

IndustryNewCold and Froneri join forces for new cold hub

Over 70 million euros of investments for the production plant close to Rome

A new cold hub, which aims to become the largest and most innovative automated logistics warehouse in Central and Southern Italy: the first stone of the new cold store of NewCold, an advanced food logistics... more

◄ Previous page