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Bakkavor Group Sells Italian Business

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Bakkavor Group Sells Italian Business

Bakkavor Group Sells Italian Business
April 17
11:16 2015

Bakkavor, the UK’s leading fresh prepared foods manufacturer, has announced that, following the sale in May 2014 of 40% of Italpizza, its Italian pizza manufacturing business, to Dreamfood, it has received formal notice from Dreamfood to exercise the option to acquire the remaining 60% of Italpizza. The transaction is expected to close in the second half of 2015.

Dreamfood is an investment company controlled by Cristian Pederzini, the managing director of Italpizza.

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