Newlat Food S.p.A. (BIT:NWL) intent to acquire EM Foods S.A.S. from Alsa France on October 19, 2022. As of December 7, 2022, Newlat Food S.p.A. (BIT:NWL) entered into an agreement to acquire EM Foods S.A.S. from Alsa France. The Company will finance the deal with the existing cash available. The transaction is expected to close on January 2, 2023.

Newlat Food S.p.A. (BIT:NWL) completed the acquisition of EM Foods S.A.S. from Alsa France for €20 million on January 2, 2023.