Dolciaria Balconi Explained

Balconi Dolciaria
Industry:Food processing
Foundation:Milan, Italy, 1953
Founder:Michele Balconi
Location City:Milan
Location Country:Italy
Products:Spongecake
Num Employees:12,000
Homepage:balconidolciaria.it

Balconi Dolciaria is a large Italian company specialized in the production of cakes made with sponge cake. Founded in 1953 as a simple artisanal pastry shop, created by pastry chef Michele Balconi, Balconi has a factory which covers an area of 20,000 square meters, employs 12,000 people and over 5,000,000 products are produced daily.

In June 2015, Valeo Foods purchased the company, 80% of which was owned by Clessidra, an Italian private equity house, and the remaining 20% from the Balconi family.[1] [2]

Notes and References

  1. Web site: Valeo to seal €200 million Italian deal. Irish Times. 6 November 2015. May 6, 2015.
  2. Web site: Valeo Foods acquires Italian cake maker Balconi for €200m. FoodBev Media. 6 November 2015. May 6, 2015.