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NewPrinces S.p.A., parent of Princes Group, completed the acquisition of 100% of Plasmon S.r.l. from The Kraft Heinz Company for €124.3 million in cash. The deal includes the Plasmon baby food brand and the Latina, Italy, production plant.
“Princes Group serves as the primary holding vehicle for food and beverage manufacturing assets for NewPrinces.”de.advfn.com
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