Bauli acquires Motta and Alemagna

Bauli, an Italian bakery company based in Verona, has acquired Motta and Alemagna from Nestle. The acquisition marks the return of these two Italian brands of panettone to Italian ownership after more than a decade of ownership by Nestle.

The acquisition makes Bauli the world’s leading producer of panettone, a classic Italian cake. “The mystique of a dessert that’s a tradition in Italy has an appeal to the American market which is always exploring classic treats from other cultures,” says Michele Bauli, spokesperson for the family.