Spain’s Pastas Gallo has bought a 25% stake in Czech firm Europasta for an undisclosed sum.
Pastas Gallo said the deal was part of its plan to expand into central Europe.
Europasta, which last year generated sales of EUR45m (US$55.2m), sells products under brands including Adriana, Zatkovy and Rosick.
Pastas Gallo, which has three production facilities in Spain, reported annual sales of EUR215m in 2009.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - The Benefits of Entering
Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!
Nominate Now
