Prodalim Group, one of the worlds’ biggest suppliers of raw materials and solutions in the beverage industry, announces the completion of the full acquisition of IFB srl.
IFB is a blending house located in the port of Livorno in Italy.
The company, that was founded on 1994, is a major supplier of juices, concentrates, multi fruit blends and compounds that focuses mainly in the Italian market.
In 2016, Prodalim acquired a minority stake in the company, and has now completed the full acquisition of the company.
Tsahi Berezovsky, prodalim CEO: “IFB has a great team and it is positioned perfectly to become the biggest supplier In the Italian market and its surroundings.
We are certain that by integrating IFB completely into prodalim, and leveraging on Prodalim standards, network of customers and suppliers, and our R&D capabilities, we create real synergies, that will bring great benefits to our customers in Italy and the neighbor countries.
The acquisition of IFB is a major part of our strategy to be as near as possible to our customers and to offer them the best solution in terms of service, efficient logistics and great flexibility.
Prodalim has created a “logistical triangle” stretched between Rotterdam, Valencia and Livorno, and we can reach each customer in Europe with an optimized and efficient solution.
This year our accelerated growth strategy, both organically as well as by acquisitions in Europe and North America will be a major part of our corporate focus. We will continue supplying our worldwide customers best of bread services and solutions.”