Spain's Ebro Foods buys controlling stake in Italy's Garofalo
date:Jun 05, 2014
adrid stock exchange. Garofalo called Ebro Foods an industrial partner with a solid background with which to grow on the basis of a common vision that will preserve the identity of the company and the product, which owe their distinctive and differentiating traits to the leadership, the workers, as well as the production site.

Development, the Campanian group said, will continue to be managed by headquarters in Gragnano.

Garofalo Chief Executive Massimo Menna said the deal enables the Italian
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