The operation was finalized which incorporated the Centrale del latte of Tuscany and the Centrale del latte of Vicenza into the Centrale del Latte d'Italia group, a company listed on the STAR segment of the Italian Stock Exchange since 2001 and currently the third largest Italian player in the fresh milk market. long term, with leadership positions in Piedmont, Liguria, and precisely in Tuscany and Veneto. The completion of the merger, expected within the next quarter, in addition to simplifying the group structure, it will generate benefits and a reduction in costs estimated at over 3 million euros per year.
These resources, says a note, will help improve the profitability of the group, positively affecting the implementation of the industrial plan. "We also inform you that the closing of the preliminary final sales data for the first quarter of 2020 show a significant improvement in turnover and margins", adds the Centrale del Latte group, which has 4 production plants and 415 employees in Italy. Meanwhile Newlat Food SpA presented a own list of candidates for appointment as directors of society. The list also includes two independent directors proposed by minority shareholders.
The list of candidate directors is as follows:
- Angelo Mastrolia
- Joseph Mastrolia
- Blessed Mastrolia
- Stefano Cometto
- Edward Pozzoli
- Antonella Mansi
- Valeria Bruni Giordani
