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Last month, the pasta giant set out changes it wants to make to its manufacturing network in Italy.
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Partners makes private-label products, provides contract-manufacturing services and supplies industrial customers in North America.
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The proceeds will be used to launch new product formats and widen availability across retail and online channels.
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Synlait chair George Adams said the move gives “continuity, clarity and momentum” as the company works on its “recovery roadmap”.
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While uncertainty ensues around the hiring of a permanent CEO, interim chief Dieter Weisskopf faces pressure to restore volumes lost to pricing.
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The frozen-foods group refused to be drawn on the number of staff that could be affected by a move to create “a simpler, more sustainable operating model for the future”.
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Based in Teramo, Italsur is described as a business with revenues of more than €23m ($25.8m).
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Businessman Ranjit Singh Boparan has committed £100m ($133.4m) to the project through his private investment vehicle.
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The site in Ohio makes products sold in pouch packaging to foodservice customers.
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