Barilla Offloads German Bakery Chain As It Looks To Focus On Faster-Growing Units

One of Italy's major food firms, Barilla, which supplies around 40% of the Italian pasta market, is to offload its German bakery chain Kamps to ECM Equity Capital Management, a private equity group that invests in small and mid-size business in German speaking Europe. The chain generated sales of about EUR300mn in 2009 and is part of the Kamps bakery group, subsequently renamed Lieken, which Barilla bought for EUR1.8bn in 2002. Barilla will retain the company's industrial bread unit that now generates the majority of the bakery's sales. This sale comes at a time when sales of bread through

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