Alto acquires 40% stake in Drogheria e Alimentari

Based in San Piero a Sieve, Drogheria e Alimentari SpA sells its products, both in Italy and abroad, through retail channels that distributes its own brand (Drogheria&Alimentari).

Drogheria e Alimentari is one of the few companies in the world that invests directly in the spices' origin countries (India, Amazone, Zimbabwe, Sri Lanka, etc), by establishing partnerships or joint ventures with local producers in order to have gain direct control on production.
The company, which employs 93 people, reported a turnover of approximately €33m in 2009, 12% more than the previous year, with an EBITDA margin of approx 15%.

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• Topics
• Expansion
• Southern Europe
• Consumer
• Italy