Ulusoy Flour's Strategic Move to Italy: Major Investment in Historic Pasta Producer

Ulusoy Un (ULUUN) has expanded its international investments by acquiring an 85% stake in Pastificio Mediterranea, one of Italy's established pasta producers. This acquisition is part of the company's vertical growth strategy in high-value-added areas related to the wheat sector. Pastificio Mediterranea, founded in 1908, operates in the Silvano d'Orba region of Italy.

The company purchased the shares of the Italian pasta producer with a nominal value of 850,000 euros for a total of 5,298,579.78 euros. With this move, Ulusoy Un acquired a significant portion of the capital of Pastificio Mediterranea S.r.l., which markets high-quality Italian pasta to the global market. The acquisition was formalized through a Transfer Agreement signed by both parties on October 31, 2024.

High-quality Italian pasta in the world market Pastificio Mediterranea offers high-quality Italian pasta made from durum wheat in over fifty different sizes and shapes to the global market. The products are marketed under various brands, primarily "Moccagatta dal 1908," and are available to consumers in many different geographies. This is seen as an important step for Ulusoy Un in strengthening its status in international markets with a quality product range.

Ulusoy Un's decision to acquire indicates an effective growth strategy abroad. The company's goal is to increase its expertise in high-value areas such as pasta production to gain more influence in global markets.

Disclosures regarding special situations had been postponed Ulusoy Un had previously postponed disclosures regarding the acquisition process due to concerns that it could negatively impact the market. The company feared that informing the public about this process might lead to fluctuations in stock prices and adversely affect healthy price formation, which could be detrimental to investors. However, after the acquisition successfully concluded on October 31, 2024, the process was shared with the public.

This development marks a significant milestone in Ulusoy Un's international expansion policy, and with this investment, the company aims to achieve broader engagement in the global market and accelerate its commercial growth.