Orior

Orior, the Swiss food and beverage group, has acquired the remaining 81% stake in Italian fresh pasta manufacturer Pastificio Gaetarelli. The transaction, which follows a long-standing operational partnership between the two firms, sees Orior increase its initial 19% minority holding to full ownership. The purchase price for the 81% shareholding was reported to be approximately $6.2 million. The acquisition is expected to add around $2.5 million in sales to third-party …

Zurich, Switzerland based Orior, specialised in fresh convenience foods and refined meat products, is acquiring the Belgian Culinor Food Group, a producer of ready-made meals and meal components with revenues of approximately €88 million ($98 million). The deal aims to create a platform that will allow Orior to better serve the European market. “This acquisition extends our leadership position in our core business of premium fresh convenience products beyond our …