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Article: Spigadoro, Inc. Agrees To Acquire Pasta Etrusco In All Stock Deal.
- Article from:
- Business Wire
- Article date:
- October 2, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEW YORK--(BUSINESS WIRE)--Oct. 2, 2001
Acquisition Expected to Generate $3 Million in Annual Savings
Through Consolidation of Production and Other Efficiencies
Spigadoro, Inc. (AMEX: SRO), a leading manufacturer of branded and private label products in the Mediterranean food sector, today announced that it has signed an agreement to acquire Pastificio Etrusco S.p.A, an Italian private label pasta manufacturer and a wholly-owned subsidiary of Corticella Molini e Pastifici S.p.A.
In exchange for 100% of the stock of Etrusco, which had fiscal 2000 sales of approximately $10 million, Spigadoro has agreed to pay ...
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Article: Spigadoro Appoints Former Barilla Head as CEO; Additional ...
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... ... BUSINESS WIRE)--April 24, 2001 Spigadoro, Inc. (AMEX: SRO), a leading manufacturer ... the position of Chief Executive Officer of Spigadoro. After serving as a consultant to Spigadoro during 2000, Mr. Carelli has been serving ...
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