Pastas Gallo buys stakes in Europasta

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SPAIN‘S Pastas Gallo has bought a 25 per cent stake in Czech firm Europasta for an undisclosed sum. Pastas Gallo said the deal was part of its plan to expand into central Europe. Europasta, which last year generated sales of 45 million, sells products under brands including Adriana, Zatkovy and Rosick. Pastas Gallo, which has three production facilities in Spain, reported annual sales of 215 million in 2009.

 

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