Valeo Foods Group has successfully acquired Freddi Dolciaria S.p.A, accelerating growth in the southwest European region and enhancing its position in the bakery sector.
Freddi is an Italian sweet bakery company founded in 1949 by Luigi Freddi that is headquartered in Castiglione delle Stiviere, Italy. Specializing in sponge cakes, Freddi has a presence in both the Italian retail and international markets, with 48 employees and an annual turnover approaching €20 million.