MILAN, May 18 (Reuters) – Granarolo looks welcome to quote in case you need to raise funds for a major acquisition, while continuing growth abroad and on products ‘non-core’. He said the CFO of the company Stefano Palmieri, on the sidelines of an event in Piazza Affari. “For years, Granarolo is doing gym, ready to take the plunge but will not be short, “he responded to journalists who asked him about the possibility of an IPO. “After 2016, if we will need to make an important acquisition, we very much welcome the listing,” he added. In the capital of Granarolo is also Intesa Sanpaolo, with a share of about 19%. Meanwhile Granarolo continues to evaluate potential acquisitions in 2016 to reach the goal of a turnover of 1.5 billion. The company has closed 2014 with revenues of EUR 1.037 billion. ” The goal is to aggregate companies with high quality product, “said Palmieri, highlighting that the operations in pipeline partially exiting from the traditional market of Granarolo and one of the first will cover a” distant geography. “ The CFO also stressed that the company is not interested in Mukki, central dairy in Florence, Pistoia and Livorno. (Elisa Anzolin) More …
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