Newlat Food SPA has acquired Delverde from Molinos Rio de la Plata

Newlat Food SPA has acquired Delverde Industrie Alimentari S.p.A, a premium Italian pasta producer, from Molinos Rio de la Plata, a major food group in Argentina.

Founded in 2004, Newlat Food is one of Italy’s leading producers milk and dairy, pasta and baked goods, as well as in the areas of nutritional and children’s products. The company has a turnover of US$400 million and US$30 million EBITDA. It operates with both well-known owned and third-party brands. Extensive distribution enables Newlat Food to reach outlets all across Italy through direct consignments and dealers, as well as worldwide through significant partnerships with international distribution chains/operators.

Oaklins' team in Italy originated the project and advised the buyer throughout the whole process until closing.