Valeo Foods Group, one of Europe’s leading producers of sweets, treats and snacks, said it has completed the acquisition of leading Italian bakery company Dal Colle.
With a history and heritage dating back 120 years, Dal Colle produces a range of bakery products, sweet treats and snacks for every occasion including pandori, panettoni and croissants. Its range of over 180 products is currently sold in over 35 countries around the world.
Valeo Foods, whose portfolio of leading food brands include Rowse, Kettle, Jacob’s, Batchelors and Barratt, said Dal Colle provides a highly complementary addition to its expanding Italian platform and operations, built on its initial acquisition of Balconi in 2015 and the subsequent acquisitions of Val D’Enza in 2017 and IDP Pattini in 2023.
“Dal Colle is a fantastic addition to the Valeo Foods portfolio which already boasts many of Europe’s finest and most established brands, with deep heritage and connections with consumers,” Ronald Kers, chief executive of Valeo Foods Group, said.
“On a commercial level it diversifies and strengthens our product offering and completes our range of quality confectionary and sweet treats in this market, ranging from iconic sponge cakes to wafers and biscuits. It also adds considerable new manufacturing and logistical capabilities to our Italian platform, which will support our growth ambitions in Italy and across Europe. This is very consistent with our vision to position Valeo Foods as the undisputed European sweet treats champion.”
With revenues in excess of €1.5 billion, the Valeo Foods portfolio includes over 80 brands, selling in over 106 countries. Owned by leading global investment firm Bain Capital, the group employs over 4,500 people across 30 manufacturing facilities and offices in the UK, Italy, Germany, the Netherlands, Ireland, the Czech Republic and Canada.
