The Italian pasta group F.lli De Cecco has announced the signing of a binding agreement for the full acquisition of RossoGargano, a prominent agricultural consortium based in Foggia (Apulia). This strategic move aims to consolidate the production supply chain, ensuring direct control over raw materials—from cultivation to the final tomato-based preserves—and leveraging the cutting-edge logistical and technological infrastructure of the Apulian firm.
Strategic Growth for the De Cecco Group
With this significant investment, De Cecco intends to secure its position in a strategic segment of the market, enhancing quality control and operational efficiency. Filippo Antonio De Cecco, President of the Board of Directors, expressed great satisfaction, noting that the integration of RossoGargano’s expertise and resources is a foundational step in the company’s long-term growth trajectory.
Future Projections and Investments
The synergy is expected to drive a substantial increase in output. De Cecco forecasts that total products sold will rise from 2.7 million quintals in 2026 to 4.5 million in 2027. Simultaneously, turnover is projected to grow from 740 million euros to over one billion euros within the same timeframe. This initiative is part of a broader investment plan totaling 250 million euros for the 2025-2029 period, underscoring De Cecco’s commitment to innovation and excellence in the global food industry.