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Centrale del Latte di Torino & C SpA Completes Sale of 40% Stake in Frascheri SpA


Monday, 18 Nov 2013 03:52am EST 

Centrale del Latte di Torino & C SpA announced that it has concluded the sale of its stake, equal to 40%, in the share capital of Frascheri SpA, a company which, similarly to Centrale del Latte di Torino & C SpA, operates in the production and commercialization of fresh milk and which has headquarters in Bardineto, province of Savona, Italy. The transaction has been carried out partly through the repurchase of own shares by Frascheri SpA, and partly through the acquisition of the remaining shares by the Frascheri Family. 

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