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Bologna Fiere enters the capital of Gambero Rosso and strengthens its position in Wine&Food

The Emilia-based group acquired 49.9% of the Holding for €5.7 million.

Translated from Italian Read in Italian

Bologna Fiere enters the capital of Gambero Rosso and strengthens its position in Wine&Food

Bologna Fiere is investing 5.7 million euros in Gambero Rosso, a company in the food and beverage sector. The investment will give Bologna Fiere a 49.9% stake in Gambero Rosso Holding, which was formed after Class Editori contributed 51.17% of Gambero Rosso's shares. The deal also includes options to buy and sell shares in 2028 and Bologna Fiere will have three members on Gambero Rosso's board of directors, including one vice president. The goal is to strengthen the international presence of Italian food and wine excellence.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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