The acquisition marks the return of these two Italian brands of panettone to Italian ownership after more than a decade of ownership by Nestlé. The acquisition makes Bauli the world’s leading producer of panettone, a classic Italian cake.
“The mystique of a dessert that’s a tradition in Italy, and our commitment to its authenticity and natural goodness, has an appeal to the American market which is always exploring classic treats from other cultures,” said Michele Bauli, spokesperson for the family. “If you want authentic Italian, you want Bauli. Our processes respect the product’s original century-old features, with the added value of greater food safety controls.”
1 August 2009 marked the effective date of the transfer of ownership to Bauli. In Italy, the Bauli sales force will also assume the sales of Motta and Alemagna, thus assuring the presence of these historic brands in the Italian market.
Source: Bauli
© FoodBev Media Ltd 2022
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.