Emmi Strengthens its Dessert Network in Italy
Italian dessert specialities are an important strategic area for the growth of Emmi Group’s European business. Through the acquisition of Pasticceria Quadrifoglio, the Swiss dairy group is expanding and strengthening its existing dessert network in Italy.
A fourth player is being added to the existing ‘Emmi Dessert Italia’ network, which comprises the three production locations in Gattico, Pero and Lasnigo in Northern Italy. The integration of Pasticceria Quadrifoglio, with its two production sites near Modena, will further expand Emmi’s production and distribution capabilities.
Pasticceria Quadrifoglio was founded in 1978 by Claudio Canali, his wife, his sister and his brother-in-law. Together with their partner Franco Carzoli, they have since run the company with great success. It has around 90 employees and posted net sales of some €19 million in 2018.
The Canali family will continue to play a leading role in operating activities. In future, Emmi will continue to follow and build on the successful model of the founding family and their team. Synergies with the other ‘Emmi Dessert Italia’ subsidiaries will be leveraged gradually.
The closing of the transaction is subject to the approval of the relevant competition authorities. The parties have agreed not to disclose the purchase price.
