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Newlat close to acquisition of British Princes

For the italian group, in pole position in the operation, a doubling of turnover is expected

The British Princes, subsidiary of the Japanese Mitsubishi Corporation, would be on the verge of being acquired by the Emilian Newlat. This was revealed by rumors from more than one newspaper, according to which the Italian group would be in pole position in the financial operation but will have to contend - among its competitors - with the English private equity firm Epiris. However, other international...

lml - 36625
Milan, MI, Italy, 12/12/2023 14:15
EFA News - European Food Agency

AgrifoodNewlat-Princes: negotiations for the acquisition of the British group confirmed

The management of the Emilian company sees the operation as "a great strategic opportunity"

Negotiations for the purchase of the Princes Limited food group by Newlat Food SpA are actually underway. The indiscretion spread by the English media and, subsequently, also by the Italian ones (read... more

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