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Milan-listed Newlat Food Spa is examining its strategic options after the acquisition of the British peer NewPrinces, with a London listing for a unit among the possibilities. As Corriere della Sera reported on Friday, among the hypotheses on the table, the group is evaluating the possible listing on the London Stock Exchange of a significant part of the acquired assets, with the aim of raising resources to support expansion. In particular, the Food Drinks branch could be listed. The unit generated revenue of €2.45 billion in 2024 and aims to reach €3 billion in 2025. The Milk Dairy division may be listed to, with a revenue of approximately €350 million. On Wednesday this week, Italian economic paper Milano Finanza reported Newlat Food has signed an exclusive deal to acquire the Diageo Operations Italy plant in Santa Vittoria d’Alba, specialised in alcoholic beverages and ready-to-drink products. The acquisition will allow Newlat to expand its offering. The operation will also save the 349 jobs in the site, initially maintaining current production. The company is continuing its growth strategy through acquisitions. After Centrale del Latte di Torino and the Polenghi and Giglio brands, it is also negotiating with Kraft to acquire Plasmon, in a deal worth around €100 million. Newlat shares rose 2.5% to €18.20 each in Milan on Friday afternoon. It has a market capitalisation of EIR799.6 million. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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