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What is Newlat Acquires EM Foods for Growth about?

Newlat Food S.p.A. has acquired EM Foods, a leading French producer of baking and dessert mixes based in Ludres, France. EM Foods was founded in 2021 to acquire the assets of the Alsa production plant, which has produced baking goods and cake mixes since 1972. Newlat Food will invest €20 million in EM Foods, which is expected to generate €50 million in revenue and €5 million in EBITDA by 2024 through production agreements and expanding Newlat

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caravan

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EN