Italy: Valsoia moves into kefir market with Kele & Kele stake
Valsoia, the Italian health food specialist, has entered the European kefir market by acquiring a 70% stake in the Slovenian producer Kele & Kele. The transaction values the Slovenian company at an enterprise value of €5.4 million ($5.9 million), with Valsoia paying an initial €3 million ($3.3 million) for the majority interest. Effective from 3rd […]