SPAIN’S CEREALTO BUYS TO BAKERY FACTORIES FROM GRUPO SIRIO
May 1st, 2017
The Spanish manufacturer of cereal-based products Cerealto has reached an agreement to buy two factories from Spain-based bread and pastry manufacturers Grupo Sirio. With this move, Cerealto has said in a statement that it will “fortify its plans for expansion within southern Europe”.
Under the purchase, the cost would not be revealed by either company - Cerealto will take over a sliced bread factory in Antequera, in the Málaga region of southern Spain, and another that makes ‘bollería’ – the collective Spanish term for croissants, teacakes and ...
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