Valeo Foods has finalised the acquisition of the assets of Melegatti 1894 Spa, the historic Italian bakery brand renowned for its pandoro and panettone. The transaction is aimed at integrating Melegatti into the group’s portfolio and strengthening its position in the baked goods sector, as Valeo seeks to bring Italian confectionery traditions to a broader international market.
Ronald Kers, chief executive of Valeo Foods, said the acquisition marked “a strategic step in broadening our portfolio of brands.” He added that Melegatti’s integration would deepen the group’s footprint in south-western Europe and unlock new global growth opportunities for Italian bakery products. The deal also aims to enhance Valeo’s production and logistics capabilities to meet rising demand, while maintaining Melegatti’s distinctive identity.
Roberto Spezzapria, chairman of Melegatti, described the sale as the beginning of “a new phase of international growth” for the brand. Alberto Alfieri, Valeo’s regional CEO for south-western Europe, said Melegatti was “fully aligned with the group’s values” and would support efforts to introduce Italian food traditions to the global market.