Todinno S.A.C. has been acquired by Molitalia S.A.

The private shareholders of Todinno S.A.C. have sold the company to Molitalia S.A.

Todinno specializes in the production and marketing of panettones. With over 40 years of experience, the company is recognized for the high quality of its products.

Molitalia produces and sells flour and pasta. It also produces noodles, cookies, sponge cakes and wafer products. The company was founded in 1962 and is based in Lima, Peru. Molitalia operates as a subsidiary of Carozzi S.A.

Carozzi, through its subsidiary Empresas Carozzi, operates in the food industry in Chile, Peru and internationally. It offers flour and pre-mixes, candies and sweets, cereals, pet food, concentrated juices, tomato sauces, rice, pasta, desserts, fruit pulp, powdered juices, chocolates, jams, cookies and snacks, oats, salty snacks, and ethnic products. Carozzi was founded in 1898 and is headquartered in Santiago, Chile. It is a subsidiary of Principado de Asturias, S.A.

Oaklins' team in Peru acted as the exclusive financial advisor of the shareholders of Todinno in the sale of 100% of the shares of the company to Molitalia.