Valeo Foods Group has finalized its acquisition of Dal Colle, an Italian bakery company known for its high-quality and authentic products. Dal Colle, with a heritage spanning 120 years, manufactures a diverse range of bakery products including pandoro, panettone, and croissants. The company’s extensive range of over 180 products is distributed in more than 35 countries.
The acquisition of Dal Colle aligns with Valeo Foods’ strategy of expanding its Italian platform, following previous acquisitions of Balconi in 2015, Val D’Enza in 2017, and IDP Pattini in 2023. This addition is expected to bolster Valeo’s manufacturing and logistical capabilities in Italy.
Ronald Kers, CEO of Valeo Foods, commented: “Dal Colle is a fantastic addition to the Valeo Foods portfolio, which already boasts many of Europe’s finest and most established brands. This acquisition diversifies and strengthens our product offering and completes our range of quality confectionery and sweet treats in this market.” He continued: “It also adds considerable new manufacturing and logistical capabilities to our Italian platform, supporting our growth ambitions in Italy and across Europe. This aligns perfectly with our vision to position Valeo Foods as the undisputed European sweet treats champion.”
Alberto Alfieri, CEO of Valeo Foods Italy and president of Balconi Spa, added: “We have long admired Dal Colle, who share our passion for delivering high-quality products to consumers. Their heritage range and operational footprint are highly complementary to Valeo Foods Italy and the Balconi business.” He added: “We look forward to welcoming close to 90 new colleagues to our team and working with them to accelerate the growth of our enlarged Italian business.”
Valeo Foods Group generates revenues exceeding €1.5 billion and its portfolio includes over 80 brands enjoyed in more than 106 countries. Key brands under Valeo Foods include Balconi, Carstens, Jacobs, Barratt, Fox’s Mints, Taveners, Poppets, Rowse Honey, and Maple Crest. The Group is owned by global investment firm Bain Capital.