Latest news with #MarcoPellegrino
Yahoo
11-07-2025
- Business
- Yahoo
Italian investment fund acquires stake in Santangelo bakery group
Fondo Italiano d'Investimento has acquired a 70% stake in Santangelo Group, an artisanal baked goods producer. According to the Italian investment firm, the transaction is the fifth deal completed in the last 18 months through its subsidiary Fondo Italiano Agri&Food Fund (FIAF). Fondo Italiano d'Investimento said in a statement the remaining 30% interest in Santangelo is held by the bakery company's CEO Gianluigi Formichetti, who will remain in that role and lead the business going forward. Financial terms of the deal, which is expected to close this month, were not disclosed. Founded in 1968, Santangelo produces both branded and private-label breakfast bakery products for the retail channel, including croissants and the Italian speciality panettone. It operates out of a 5,000 square-metre facility in Terni in the Umbria region of Italy and employs around 180 people. Between 2020 and 2024, Santangelo more than doubled its revenues to €32m ($37m) in the most recent fiscal year, with exports accounting for over 25% of its total turnover, according to the statement. FIAF said it aims to 'strengthen Santangelo's position as a benchmark in the premium leavened baked-goods segment'. Senior partner at Fondo Italiano d'Investimento, Marco Pellegrino, said: 'We are particularly pleased to support Gianluigi Formichetti and his entire team in the next phase of Santangelo's growth. 'Beyond the company's strong financial performance, we greatly value the quality of its products, the artisanal nature of its production, and its positioning as a leading brand in the premium breakfast leavened goods segment." Formichetti added: "Santangelo has proven its ability to expand even in a fluctuating consumption environment. The investments outlined in the business plan shared with FIAF will equip us with the tools and resources to further develop our offering of high-quality, wholesome, and delicious premium products, both in the domestic market and key international ones.' Last year, Fondo Italiano d'Investimento acquired a majority stake in local cured meat manufacturer Trinità Spa Industria Salumi. It also took part in an investment in Casa della Piada, an Italy-based bakery products manufacturer, and acquired a majority stake in pasta maker Pasta Berruto. "Italian investment fund acquires stake in Santangelo bakery group" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
14-06-2025
- Sport
- Yahoo
✅ Boca Juniors secure first signing for Club World Cup
Marco Pellegrino underwent medical examinations this Sunday to join Miguel Ángel Russo's squad in the United States as soon as possible. Boca Juniors is preparing for its trip to the United States to compete in the FIFA Club World Cup with a new reinforcement: Marco Pellegrino, a 22-year-old defender, arrives at 'Xeneize' as a player from AC Milan after a magnificent season at Huracán. Advertisement As reported by the club on its 'Esto es Boca' account, the former Platense, Salernitana 1919 and Independiente footballer, underwent medical studies today to sign his contract. "If no issues arise, he will become a Boca player," they communicated. The Argentine press has reported that the agreement between Boca Juniors and AC Milan was set at a payment close to 3.5 million euros for 100% of his federative rights. Meanwhile, the Italian team will retain 20% of any future sale that exceeds the current transfer amount. However, due to administrative times, Marco Pellegrino will not be able to travel with the squad to the United States this Sunday; although he is expected to join the delegation in the coming days. 📸 Joaquín Camiletti - 2025 Getty Images Advertisement The team led by Miguel Ángel Russo will begin its preparation for the Club World Cup with a charter flight scheduled for this Sunday at 11 pm. Among the news from the list of summoned, the absences of Cristian Lema and Esteban Rolón stand out, who were not included in the coach's final roster. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Sebastian Rodeiro - 2025 Getty Images
Yahoo
11-06-2025
- Sport
- Yahoo
📝Boca reveal their squad for the Club World Cup
📝Boca reveal their squad for the Club World Cup The big event is coming for the Xeneize, and Miguel Ángel Russo makes his list of travelers for the Club World Cup official. The big news is the inclusion of Marco Pellegrino and Malcom Braida, reinforcements that were announced today. Advertisement How do you see Boca in the Club World Cup? This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Sebastian Rodeiro - 2025 Getty Images
Yahoo
04-06-2025
- Business
- Yahoo
💥Boca making progress in talks with Marco Pellegrino
After the arrival of Miguel Ángel Russo at Boca Predio, the Xeneize are stepping on the accelerator in the transfer market to silence the critics. The first reinforcement would be Marco Pellegrino, a central defender from Huracán, who belongs to Milan. Advertisement According to TyC Sports, updates are expected in the coming hours to clarify whether he will arrive on loan or if they will finally buy him. With Ayrton Costa lacking a visa for the Club World Cup and Marcos Rojo still an unknown, bringing in a number 6 is absolutely necessary. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Marcelo Endelli - 2025 Getty Images
