Buitoni (Italpizza Group): The latest figures, news and market research on Buitoni (Italpizza Group)

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)

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Nestlé has withdrawn from the site.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.

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 generates 30% of its business under its own brand, with the remainder coming from distributors for their own brands.
Italpizza plans to invest 10 million euros at Caudry to modernize its production line.

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.

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

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