| Profil: |
NewPrinces S.p.A. is an Italian multinational food processing conglomerate headquartered in Reggio Emilia, Italy, operating as a subsidiary of Newlat Group S.A. It specializes in the agri-food sector across Italy, Germany, the United Kingdom, and other international markets, producing a diverse range of products including pasta, low-protein pasta, biscuits, flour, drinks, butter, processed cheese, milk products, yogurt, gluten-free items, instant noodles, children's cereals, infant formulas, and baby foods. Notable brands encompass ala, Centrale del Latte, Tapporosso, Polenghi, Birkel, and Princes Group, following its acquisition in 2024. Formerly Newlat Food S.p.A., it rebranded in May 2025 after key expansions like acquiring a majority stake in Centrale del Latte d'Italia, the Plasmon biscuit brand, and Carrefour Italy's operations for €1 billion, boosting expected combined revenues to €7 billion. Listed on the Euronext STAR Milan since 2025 with a market cap of around €898 million as of July 2025, NewPrinces holds significant stakes including 41.14% by Newlat Group SA and others like Mitsubishi Corporation. The company plays a pivotal role in consolidating Italy's food production and distribution, emphasizing employment stability and sector growth.
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