NewPrinces S.p.A.
Formerly | Newlat Food S.p.A. |
|---|---|
| Public | |
| Traded as | BIT: NWL |
| ISIN | 🆔 |
| Industry | Food processing |
| Founded 📆 | 2004, in Reggio Emilia, Italy |
| Founder 👔 | |
| Headquarters 🏙️ | , Reggio Emilia , Italy |
Area served 🗺️ | World Wide |
Key people |
|
| Products 📟 | [1] |
| Members | |
Number of employees |  20,000 (2025) |
| Subsidiaries | Princes limited Centrale del Latte d'Italia (67.74%) |
| 🌐 Website | https://www.newprinces.it/en |
| 📇 Address | |
| 📞 telephone | |
NewPrinces S.p.A. is an Italian multinational food processing conglomerate corporation headquartered in Reggio Emilia, Italy.[1]
Newlat Food S.p.A. is changing its name to NewPrinces S.p.A. following the 2024 acquisition of the food and drink company Princes Limited, which becomes the new group's primary subsidiary.[2]
NewPrinces S.p.A. operates as a subsidiary of Newlat Group S.A.[1]
History
Newlat S.p.A. was founded in 2004 within the Parmalat group.[3]
In 2008, the Italian Antitrust Authority forced Parmalat to sell it for the symbolic price of one euro plus debts. On April 18, 2008, Parmalat completed the sale of 100% of Newlat S.p.A. to TMT Finance SA, founded by Angelo Mastrolia.[4]
In 2020, Newlat Food S.p.A. acquired the majority stake of the shares of Centrale del Latte d'Italia S.p.A.[5]
On April 28, 2025, the shareholders' meeting of Newlat Food S.p.A. approved the name change to NewPrinces S.p.A. following the approval of the 2024 financial statements.[2] The new name follows Newlat Food S.p.A’s acquisition of Princes Group in 2024. The acquisition of Princes Limited was announced in May 2024 and was completed in July 2024.[6]
As of May 8, 2025, NewPrinces S.p.A holds a majority stake of 67.74% of the shares of Centrale del Latte d'Italia S.p.A.[7]
On July 10, 2025, NewPrinces S.p.A. purchased the Plasmon biscuit brand from the American company Kraft Heinz for 120 million euros.[8]
On July 24, 2025, NewPrinces S.p.A. signed a binding agreement worth €1 billion to acquire the operations of Carrefour Italy. Under the terms of the agreement, the NewPrinces group will acquire all Carrefour-branded businesses and stores still operating in Italy, committing to their development. The agreement also stipulates that the Carrefour brand will remain present for at least the next three years, after which it will be replaced by the historic Italian brand GS, which had made way for the Carrefour brand.[9][10] In 2025, the combined revenues of approximately €7 billion are expected.[11]
The main shareholders of NewPrinces S.p.A. on 23 May 2025 are:[1]
| Name | % |
|---|---|
| Newlat Group SA | 41.14 % |
| Other shareholders | 34.51 % |
| Mitsubishi Corporation | 14.38 % |
| Helikon Investments | 9.53 % |
| Own shares | 0.44 % |
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Newprinces". borsaitaliana.it. borsaitaliana.it. 24 July 2025. Retrieved 24 July 2025.
- ↑ 2.0 2.1 "Newlat Food S.p.A Q1-2025 Earnings Presentation" (PDF). newprinces.it. newprinces.it. Retrieved 24 July 2025.
- ↑ "La storia di Newlat Food". newlat.it. newlat.it. Archived from the original on 9 May 2016. Retrieved 24 July 2025.
- ↑ "Parmalat S.p.A. finalizza la cessione del 100% di Newlat SpA a TMT Finance SA" (PDF). parmalat.com. parmalat.com. Retrieved 24 July 2025.
- ↑ "Newlat Group S.A. Newlat Nood S.p.A. and Fin. Centrale Latte di Torino S.p.A: binding agreement for the purchase of the majority stake in Centrale del Latte d'Italia". centralelatteitalia.com. centralelatteitalia.com. 31 March 2020. Retrieved 24 July 2025.
- ↑ "30th July 2024 – International food and drink group Princes Limited ('Princes') today announces that its acquisition by Italian based Newlat Food S.p.A ('Newlat') is complete". princesgroup.com. princesgroup.com. Retrieved 24 July 2025.
- ↑ "Centrale Del Latte D'Italia". borsaitaliana.it. borsaitaliana.it. Retrieved 24 July 2025.
- ↑ "Torna in Italia la Plasmon: il celebre marchio di biscotti acquistato per 120 milioni di euro". rainews.it/. rainews.it/. 10 July 2025. Retrieved 24 July 2025.
- ↑ "New Princes compra i supermercati Carrefour Italia". ilsole24ore.com. ilsole24ore.com. 24 July 2025. Retrieved 24 July 2025.
- ↑ "NewPrinces acquista Carrefour Italia per circa un miliardo di euro". rainews.it. rainews.it. 24 July 2025. Retrieved 24 July 2025.
- ↑ "New Princes rileva i supermercati Carrefour Italia: operazione da 1 miliardo di euro". milanofinanza.it. milanofinanza.it. 24 July 2025. Retrieved 24 July 2025.
External links
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