date:Jul 19, 2013
.6 times the Chilean company's 2012 EBITDA, or earnings before interest, tax, depreciation and amortization. Tresmontes Lucchetti has nine production plants in Chile and one in both Peru and Argentina.
The takeover will expand Nutresa's presence to 15 countries in North, Central and South America as well as Malaysia. The company said the purchase would also enable it to achieve earlier its goal of tripling sales between 2005 and 2015.
Nutresa's shares were trading 0.4 percent higher at 24,700