Irish food investment fund BiaVest buys German pasta firm Riesa Nudeln

BiaVest has acquired an 80% stake in the pasta business which has annual revenues exceeding €40m and employs 150 people
Irish food investment fund BiaVest buys German pasta firm Riesa Nudeln

The acquisition is BiaVest’s first in continental Europe and its fourth investment in two years.

Fri, 29 Sep, 2023 - 01:00
Cáit Caden

Irish food-focused investment fund BiaVest has purchased German pasta company Riesa Nudeln for an undisclosed sum.

BiaVest has acquired an 80% stake in the pasta business, which has annual revenues exceeding €40m and employs 150 people.

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