Inalca Food & Beverage announces Australian acquisition
International food distributor Inalca Food & Beverage has entered the Australian market with the acquisition of 60% of companies Fresco Gourmet Pty Ltd and Itaus Pty Ltd.
Inalca said its decision to move into the Australian market is in response to global demand for good quality, healthy and eco-conscious products, particularly in the middle-high segment of Ho.Re.Ca (hotel, restaurant and catering) channels.
Fresco Gourmet & Itaus currently have 1200 products and 350 clients including hotels, restaurants and large-scale retail distributors. Inalca says it will look to develop the food and wine culture in Australia while strengthening its global presence in Singapore, Vietnam and the Philippines by acquiring small and medium local distributors with ‘last mile distribution’.
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