Italian dairy group Parmalat has announced that its subsidiary Boschi Luigi & Figli has completed the sale of its Portuguese tomato production subsidiaries Italagro (Industria da Transformaçao de Productos Alimentares) and FIT (Fomento da Industria do Tomate) to Holding de Industria Transformadora do Tomate (HIT).

Go deeper with GlobalData

Go deeper with GlobalData

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


On completion of the deal, Boschi Luigi received EUR4.94m (US$6.72m), the first installment of the sale price.


Italagro recorded net consolidated revenues in 2006 of around EUR19m, while FIT generated sales in 2006 of approximately EUR15m.


No further financial details were disclosed.

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 - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact