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Representative image The acquisition of the business includes a manufacturing site in Montreal, QC and several dry pasta brands.
Italian food company Barilla Group closed its purchase of the Catelli dry pasta business in Canada on January 29, adding the Catelli, Lancia and Splendor dry pasta brands to its portfolio. The deal also included Catelli’s manufacturing site in Montreal, QC.
“Given the synergies between our business strategies, commitments and values, Catelli dry pasta is a natural fit for the expansion of our business,” Claudio Colzani, chief executive officer of Barilla Group, said in a company release. “This acquisition will help underscore the importance of our responsibility to not only serve and satisfy the ever-changing needs of consumers through innovation, but also to anticipate them.”
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Food companies unlocking the value of organic farming methods and offering chemical-free gluten-free pasta to capture steady revenues in the organic pasta market,
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Clean-labelling and broader penetration of retail distribution channels empowers organic pasta brands to target new consumer segments, forging strategic partnerships with flour treatment specialists to unlock new values
ALBANY, N.Y, Feb. 4, 2021 /PRNewswire/ The health-conscious population is rising around the world, expanding the horizon for businesses in the food industries. Manufacturers of organic pasta and food products have expanded their offering with health ingredients especially targeted toward children. Organic pasta brands are keen on leveraging gluten-free, chemical, and whole grain ingredients to enhance the nutritional profile of their products. While both high-quality hard wheat and soft wheat mixtures are used, the former is losing its sheen due to its limited availability. Companies keen o
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Advancing Women in Workplace: Barilla Wins 2021 Catalyst Award
January 28, 2021 GMT
NEW YORK, Jan. 28, 2021 /PRNewswire/ 2021 marks another significant milestone in the Diversity and Inclusion journey of the Barilla Group. The Italian family-owned food company will receive the premiere 2021 Catalyst Award on March 17-18, 2021, for initiatives that have accelerated progress for women and increased inclusion for all within its organizations around the world. The Royal Bank of Canada (RBC) is the other awarded company.
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Founded in 1962, Catalyst is the leading nonprofit organization working with some of the world’s most powerful CEOs and leading companies expanding opportunities for women in business globally. For more than 30 years Catalyst has bestowed the Catalyst Awards to recognize exceptional initiatives that corporations have taken to accelerate and advance women into
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