Italy’s Morato Group achieved another important operation by acquiring RO.MAR., a historic company specialized in the production of sliced breads based in the province of Venice. “This operation – says Stefano Maza, CEO of the Morato Group – is part of the strategic plan to concentrate the development on the core market of bakery products. The goal is to strengthen the presence in Italy but especially with the desire to expand our business abroad.”
“We are satisfied with the entry of RO.MAR. in the Morato Group” – says Stefano Scarpis, CEO of Alto Partners SGR. “Morato is a leader in the sector that will allow us to continue and consolidate the growth path we started.”
NUMBERS AND GOALS
With an annual turnover of approximately 20 million euros, two plants and 4 production lines, RO.MAR. is one of the reference partners for both B2B and private label business, thanks to its ability to combine the flexibility of an artisan laboratory with the high productivity of large-scale industry. In recent years the company has invested above all in technological and process innovations, introducing of one of the first plants in Italy for the production of sourdough. Without forgetting the use of self-produced energy generated from renewable sources.