Wessanen Sells Italian Frozen Food Business

The executive board of Netherlands-based food producer Royal Wessanen said it has sold its Righi business, based in Reggio Emilia, Italy, to local management and an investment company for an undisclosed amount.

Righi specialises in the production of oven-ready frozen products, particularly those typical of the Emilian traditional cuisine.

Righi generated revenues of approximately €7m in 2009 compared to the previous year.

Royal Wessanen produces, markets and distributes organic, natural and specialty food products in North America and Europe.