Lisbon and Madrid – CFI Portugal and CFI Spain are pleased to announce that they advised Europastry on the acquisition of Confeitaria Torres.
Europastry is a Spanish family business founded in 1987 to satisfy both the needs of consumers and those of bakery and catering professionals, providing innovative solutions and products of the highest quality. Currently one of the leading companies in the frozen pastries sector at the European level, operating in 50 countries and with factories in Spain, Portugal, the Netherlands and the United States.
Confeitaria Torres is a Portuguese company founded in 1968, and one of the main companies supplying pastry products, producing fresh and quick-frozen pastry products for its own and third-party brands, with a particular focus on the industrial market and on the HoReCa channel for domestic and international trade.
This acquisition confirms Europastry’s ambition to internationalize its business, extending its presence in the Portuguese market. It is also consolidating its production capacity, further consolidating its range of high-quality traditional products.
The transaction closed in November 2018.
has been sold to
Multidia, a large food company located in the Northeast of Brazil has been sold to Rio Bravo Investimentos, a Brazilian independent investment management company