DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Fresh Produce

Argos Wityu Acquires Stake In Italy’s Latteria e Caseificio Moro

By Branislav Pekic
Share this article
Argos Wityu Acquires Stake In Italy’s Latteria e Caseificio Moro

European private investment fund Argos Wityu has acquired a stake in the Italian fresh milk derivatives producer and distributor, Latteria e Caseificio Moro.

The new stakeholder will focus on organic growth based on its strong relationship with existing clients.

It plans to expand the business in new markets in Europe, leveraging on Argos’ international network and the team’s deep knowledge of the food sector.

Argos Wityu also owns French-based La Compagnie des Desserts, one of the leading European producers of frozen desserts and ice creams for the B2B channel and foodservice market.

A Market Leader

Based in Motta di Livenza in the province of Treviso, Latteria e Caseficio Moro is a leading producer and distributor of fresh cheese in Northeastern Italy.

ADVERTISEMENT

The company’s distinctive products include mozzarella, ricotta and PDO Montasio cheese sold in Italy, with a specific focus on the foodservice channel.

With revenues over €40 million, the dairy and cheese company boasts of unique production efficiency standards and more than 20-year-long association with its main clients.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.