ITALY: Bauli acquires Italian baker Bistefani

By Michelle Russell | 12 February 2013

Italian cake maker Bauli has acquired local baker and confectioner Bistefani.

The acquisition, confirmed today (12 February), will include Bistefani's brands, which include: Motta, Buondi and Casalini. Financial details of the transaction were not disclosed.

Bistefani, which has revenues of around EUR75m, has its headquarters and a production facility in the province of Alessandria, in addition to administrative offices in Milan.

Sectors: Bakery, Confectionery, Mergers & acquisitions

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ITALY: Bauli acquires Italian baker Bistefani

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