Italian bakery firm Galup has acquired Golosi di Salute, a manufacturer of cakes, biscuits, desserts and confectionery based in Monticello d’Alba, in Italy’s Piedmont region, according to reports in Distribuzione Moderna and ANSA.
Golosi di Salute was founded in 2005 and is said to be particularly known for its use of “unconventional” ingredients including kamut, spelt and rice flours, dextrose, fructose and extra virgin olive oil.
In 2017, 50% of Golosi di Salute was acquired by uspcale retailer Eataly and 50% by TCN Group, Galup’s parent company since 2014.
Commenting on the acquisition, TCN Group CEO Giuseppe Bernocco said: “As entrepreneurs in this region, we constantly strive to promote local excellence. It is the same philosophy that guided us many years ago, when we became part of the Galup project. Today, we remain convinced that through commitment, passion and investment, we can contribute to the growth of authentic businesses, not only in Italy but around the world”.
Source: Distribuzione Moderna / ANSA / TCN Group