Spain: Ebro Foods acquires Pastificio Lucio Garofalo
Ebro Foods, S.A. (Ebro) reports that it has signed a binding agreement to acquire 52% of the Italian company Pastificio Lucio Garofalo, S.p.A (Lucio Garofalo) for €62.5 million. The transaction is expected to be completed by the end of June. Lucio Garofalo was founded more than 100 years ago and owns the Garofalo, Santa Lucia […]