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Valeo Foods acquires Dal Colle for an undisclosed fee

With a history dating back 120 years, Dal Colle produces over 180 products spanning the bakery, confectionery and snacks categories, including pandori, panettoni and croissants. Meanwhile, its products are sold in 35 countries around the world.

As a manufacturer of sweets, treats and snacks, Valeo management sees Dal Colle as a highly complementary addition to the growing Italian platform and business that has been built following the original acquisition of Balconi in 2015 and subsequent acquisitions of Val D’Enza in 2017 and IDP Pattini in 2023

With revenues exceeding €1.5 billion, Valeo’s portfolio includes over 80 brands sold in over 106 countries around the world, including Balconi, Carstens, Jacobs, Fox’s Mints, Poppets, Rowse Honey and Maple Crest.

The group, owned by global investment firm Bain Capital, employs over 4,500 people across 30 production sites and offices in the UK, Italy, Germany, the Netherlands, Ireland, the Czech Republic and Canada.

Commenting on the acquisition, Valeo CEO Ronald Kers said: “Dal Colle is a fantastic addition to the Valeo Foods portfolio, which already boasts many of the best and most recognized brands in Europe, with deep heritage and connections with consumers.

“At a commercial level, it diversifies and strengthens our product offer and complements our offer of high-quality confectionery and sweet treats in this market, from iconic sponge cakes to wafers and cookies. It also adds significant new production and logistics capabilities to our Italian platform, which will support our growth ambitions in Italy and across Europe.