Valeo Foods, a prominent player in the food and beverage industry, has recently acquired Italian cakes and pastries business Dal Colle. This strategic move aims to enhance Valeo’s expanding Italian platform and operations. The financial details of the deal have not been disclosed.
This acquisition strengthens Valeo’s product offering and adds new manufacturing and logistical capabilities to its Italian platform. CEO Ronald Kers believes that Dal Colle is a valuable addition to Valeo’s portfolio, aligning with their vision to establish the company as the leading European sweet treats champion.
Alberto Alfiero, CEO of Valeo’s Italian branch, emphasized the complementary nature of Dal Colle’s heritage range and operational footprint to Valeo’s operations in Italy. With 90 Dal Colle employees joining Valeo’s Italian team, the acquisition is expected to have a positive impact on both companies.
Dal Colle, established in 1896, specializes in producing a wide range of sweet baked goods, including croissants, buns, and cookies. Their product line also features seasonal items such as panettone, pandoro, and Colomba cakes. With over 180 products sold globally in 35 countries, Dal Colle’s headquarters in Verona plays a significant role in the company’s operations.
Valeo Foods, based in Dublin, boasts a portfolio of more than 80 food brands. From Jacob’s crackers to Fox’s mints, the company’s diverse range of products caters to various consumer preferences. With manufacturing plants in multiple countries, including Ireland, the UK, and Canada, Valeo Foods has a strong presence in the global market.
In 2021, Valeo Foods was acquired by Bain Capital, a leading private equity group, marking a significant milestone for the company. The acquisition reflects Valeo’s commitment to continuous growth and expansion within the food and beverage industry.
