Italy: Italpizza to secure €58m in financing to raise production
Italpizza, the Italian pizza manufacturer, has secured €58 million ($65.8 million) in financing from several sources to boost production at three of its Italian plants, according to reports in Just Food and ESM The funding will be used to enhance production capacity to around 575 million pizzas by 2028, across the company’s facilities in Modena, Castelbelforte and […]
France: Nestle sells plant to Italpizza
Italpizza, the Italian frozen pizza firm, has completed the acquisition of a Nestle pizza facility in Caudry, northern France. The company is said to be planning to invest more than €12 million ($13 million) as part of a comprehensive modernization of the facility, which was closed down after an E. coli outbreak in 2022 reportedly led […]