Vandemoortele announced the acquisition of Dolciaria Acquaviva SpA from Apheon, a mid-market private equity firm, and the Acquaviva family. The Italian business is an established manufacturer of frozen pastry, patisserie, and savory specialties.
frozen pastry
Lidas, a Romanian bakery headquartered in Tulcea, is opening a frozen pastry factory. It is an investment of EUR 46 million, half of which is state aid. When it opens in March, the facility located 270 km away from Bucharest will be one of the largest frozen pastry factories in Southeast Europe.
