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Valsoia M&A Activity 2021

Sep 7, 2021

4057_rns_2021-09-07_06102de2-e467-4aee-9228-d243daef79dd.pdf

M&A Activity

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VALSOIA S.p.A. signed the final contract for the acquisition of Swedish Green Food Company AB, Company specializing in the import and distribution of 100% vegetable products in Sweden

THE ACQUISITION HAS A SIGNIFICANT AND PROSPECTIVE VALUE FOR VALSOIA THAT FURTHER CONSOLIDATES ITS DIRECT PRESENCE IN EUROPE

Bologna, September 07, 2021

Valsoia S.p.A. (MTA: VLS), a reference company in the italian healthy food products market, listed on the MTA Market managed by Borsa Italiana, today has finalized the final contract with the duch company Green Pro International B.V., for the acquisition of 100% stakes of Swedish Green Food Company AB, a swedish company specialized in the import and distribution of 100% vegetable products in Sweden.

As previously disclosed to the market on July 13, 2021, Swedish Green Food Company AB was acquired for a total value of 250.000 Euros.

The acquisition of Swedish Green Food Company AB, already distributor of Valsoia products in Sweden, is an operation of significant prospective value for Valsoia as part of its development plans in the European Countries.

In particular, with reference to the Swedish market, the plant based alternative segment has developed consumptions for a value of 4,1 billion of SEK, in 2020.

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For the transaction Valsoia was assisted for the legal and contractual expects by Studio Legale Rinaldi & Associati and by the swedish law firm Norelid.

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Valsoia S.p.A. (www.valsoiaspa.com) founded in 1990, was a "pioneer" in the development of the Italian market of alternative vegetable products. Today it is a reference company in the health food market in Italy and has expanded its product portfolio to include traditional food brands. The Valsoia brand "Bontà e Salute" represents, for the consumer, innovation and attention to health through good, natural and healthy products. Since July 14, 2006, Valsoia S.p.A. has been listed on the MTA market organized and managed by Borsa Italiana S.p.A.

Per ulteriori informazioni
Valsoia S.p.A.
Nicola Mastacchi Tel. +39 051 6086800
CDR Communication
Silvia Di Rosa Cell +39 335 78 64209
Martina Zuccherini Cell +39 339 43 45708