Baby Food Acquisition for Diana

Diana has acquired Confoco SA in Ecuador.

July 2/Chicago/Press Release -- Diana has reinforced its position in natural ingredients dedicated to the baby food industry with the acquisition of Confoco SA in Ecuador, a leader in tropical fruits powders and flakes.

As part of its growth and development strategy on its key markets, the acquisition of Confoco SA allows Diana to strengthen its baby food offerings in tropical fruit-based solutions.

“This acquisition brings the Food Division of DIANA an industrial presence and key raw material sourcing in Ecuador. This operation represents an excellent development and growth opportunity, in particular thanks to thecomplementary expertises of Confoco’s sourcing control and Diana’s leadership position in Baby Food”, says Jean-Yves Parisot, president of the Food Division of DIANA.

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