Turnover: 149 million EUR (2018)
Country: France
Buitoni is a frozen food manufacturer that was acquired by Nestlé in 1988.
Bought out in 2023 by Italy's Itapizza (€380 million sales)
News
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Buitoni: the scandal factory soon to be taken over by the Italian frozen pizza giant 14/11/2023
- Nestlé's Buitoni plant in Caudry has been closed since March following a health scandal.
- The plant has been taken over by Italpizza, Italy's leading frozen pizza group, which employs around 1,750 people.
- Italpizza has sales of 380 million euros and is present in 60 countries.
- The group intends to take over 40 of the plant's employees by the end of the year, rising to 70 by 2025.
- The opening of a second production line in 2027 should eventually bring the workforce to 140.
- To restart the plant, Italpizza plans to invest around ten million euros, and should be operational in 2024.
- Nestlé has withdrawn from the site. Over the last twenty years, Nestlé has halved the number of factories in France, retaining just 15.
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Buitoni's Caudry plant taken over by an Italian pizza manufacturer 14/11/2023
- Nestlé is in exclusive negotiations with Italpizza for the takeover of the Nord plant.
- Italpizza plans to inject 10 million euros into the plant.
- The plant is expected to employ 140 people by 2026/2027.
- Italpizza has six factories in Europe and a commercial presence in 56 countries.
- Italpizza does 30% of its business under its own brand, and the rest with distributors for their own brands.
- Italpizza plans to invest 10 million euros at Caudry to modernize its production line.
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Buitoni: Nestlé withdraws from frozen pizza business in Europe 24/04/2023
- Total Nestlé sales: 94.4 billion Swiss francs.
- Sales of Nestlé frozen pizzas in Europe: 400 million Swiss francs.
- Brands of frozen pizzas sold by Nestlé in Europe: Buitoni, Wagner and Garden Gourmet.
- Countries where Nestlé sells frozen pizzas: Germany, Italy, France, Spain, Switzerland, Portugal, Austria, Belgium and the Netherlands.
- Creation of a joint venture between Nestlé and PAI to take over Nestlé's sour pizza business in Europe
- Joint venture headquarters: Germany
- Plants managed by the joint venture: Nonnweiler (Germany) and Benevento (Italy)
- Expected completion: second half of 2023.
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Buitoni: another Nestlé factory closes in France 31/03/2023
- 16 Nestlé factories closed or sold in France in 20 years
- Permanent shutdown of Buitoni pizza production in France at the Caudry plant (Nord)
- 113 employees affected by the closure of the Caudry plant
- Pizza sales down 20% year-on-year according to IRI
- Nestlé still has 16 plants in France
Studies mentioning this company
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Other companies mentioned:
- Telepizza
- Pomodoro
- Pizza Móvil
- Casa Tarradellas
- Buitoni (Italpizza Group)
- CampoFrio Food
- Palacios
- Dr Oetker