The Kraft Heinz Company has sold Heinz Italia's Parma plant to The Newlat Group
October 2015 — The Newlat Group has acquired Kraft Heinz’s Italian infant food and nutraceuticals production plant. The financial terms of the transaction have not been disclosed.
The Parma-based plant, owned by the Italian division of US food giant Kraft Heinz, produces the well-known Plasmon biscuits as well as pasta, liquid milk, dry milk and cereals, among other products. The site also produces foods under the brands Nipiol, BiAglut, Aproten and Dieterba. The plant has an estimated production capacity of approximately 20,000 tons. It is equipped with high quality milk production lines in addition to gluten-free and aproteic certified pasta production lines.
The Newlat Group is one of the top ten players in the Italian food sector, with a turnover exceeding US$355 million. Its business is focused on milk and wheat-based products, with an existing base of 11 production plants. With this acquisition, Newlat adds baby food as well as gluten-free and aproteic products to its business as well as increased access to international markets.
The Kraft Heinz Company is one of the most renowned food multinationals in the world, with a turnover of over US$12 billion and more than 24,000 employees.
Our role in the transaction
Oaklins' team in Italy acted as the exclusive M&A advisor to Kraft Heinz throughout the entire divestment process.
Talk to the deal team
Related deals
KPS Food Group has joined ForFarmers Polska, a joint venture controlled by ForFarmers N.V.
ForFarmers N.V. has strengthened its position in Poland’s growing poultry market through the establishment of a joint venture with KPS Food Group, a leading poultry producer with operations spanning farming, slaughtering and food processing. ForFarmers’ existing Polish joint venture, Tasomix, and KPS’s operations have been combined to form ForFarmers Polska, which has an enterprise value of approximately US$585 million. ForFarmers holds a controlling 50.5% stake and will fully consolidate the joint venture. The founders of KPS and Tasomix remain minority shareholders.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn more