Italian mineral water company Ferrarelle has purchased gourmet chocolate company Amedei from Singapore’s Octopus Europe as the firm aims to use its distribution network to sell other products.
Tuscan-based Amedei sells 40% of its products abroad and offers special chocolate bars, drops and flakes to help pastry chefs in the preparation of desserts.
Ferrarelle’s chairman Carlo Pontecorvo said: “We have been conquered by the philosophy and craftsmanship of this wonderful Italian excellence that we are delighted to bring completely back to Italy.”
As part of the sale Amedei’s founder Cecilia Tessieri will continue to work at the confectioner as Ferrarelle will reportedly be on the lookout for further possible deals.
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