Spain: Cerealto acquires two facilities from Grupo Siro
Cerealto, the multinational food company, has signed an agreement with Grupo Siro to acquire two factories from the Spanish group. The two facilities acquired by Cerealto are a bakery in Burgos and a sliced bread facility in Malaga. The deal is in addition to the recent acquisition of a biscuit factory in Portugal as part of […]
Spain: Grupo Siro sees sales up 3.6% in 2013
Grupo Siro, a manufacturer of biscuits, pasta, bakery, pastries and cereal products, has posted annual sales of €565 million ($778 million), an increase of 3.6% over the previous year. The company has announced that it is now planning to invest €200 million ($275 million) over the coming years, mainly in R&D, plant improvements, energy efficiency […]