Alfesca Acquires D&F in Italy

The acquisition will strengthen Alfesca’s position and help accelerate its development by giving it greater access to the Italian market.

28/04/08 Alfesca has completed the acquisition of D&F S.r.l (D&F) from its founder managers.  D&F is a leading supplier and distributor to Italy’s retail grocery and food service markets and currently operates as one of Alfesca’s key distributors in Italy. 

Alfesca has over the past few years developed strongly its sales of seafood and duck products and gained an important foothold in the growing Italian market for convenient, healthy and festive food.  The acquisition will strengthen Alfesca’s position and help accelerate its development by giving it greater access to the Italian market.

D&F has 12 employees with annual sales of €8.8 million.  The acquisition is financed by Alfesca’s internal resources and will not have a material effect on the Group’s financial results.  The purchase price is confidential.  D&F will continue to be run by its existing management team and will be consolidated into Alfesca’s Group from the acquisition date.