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Newlat acquires the English Symington's for 62.1 million euros

The group, which specializes in ready meals, sauces and condiments, has a turnover of GBP 105M

The Reggio Emilia group Newlat Food, listed on the Milan stock exchange, has signed a contract with Speedboat Acquisitionco for the purchase of 100% of the ordinary shares and voting rights of the British Symington's group for a total consideration of 62.13 million of Euro.Founded in 1827, Symington's is a company that produces, both under its own brands and for third party brands, a wide range of...

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EFA News - European Food Agency