Italy’s Pastificio di Martino has added four fresh pasta brands to its roster of dry pasta brands, following the acquisition of a majority 66.67% stake in Grandi Pasti Italiani.

Grandi Pasti Italiani is the maker of the Italgnocchi, Bertarini, Pasta Di Casa Mia, Le Delizie del Pastaio brands, and is based in the central Italian region of Emilia-Romagna.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Signed on 2 May, the EUR7m (US$7.6m) deal is expected to bring Pastificio di Martino’s turnover in 2017 to EUR150m, making it one of Italy’s leading pasta producers.

In a statement, Giuseppe di Martino, the managing director of Pastificio Di Martino, said the acquisition is expected to boost the company’s annual turnover, “to EUR250m over the next three years”.

The deal will take the number of Pastificio Di Martino’s production facilities to seven, across three Italian regions – Campania, Emilia-Romagna and Lombardy.

The move is set to increase Pastificio Di Martino’s expertise in pasta production, it said. Grandi Pasti Italiani’s plant also makes fresh and frozen gnocchi.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

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