Balconi Dolciaria is a large

Italia Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...

n company specialized in the production of cakes made with

sponge cake Sponge cake is a light cake made with egg whites, flour and sugar, sometimes leavened with baking powder. Some sponge cakes do not contain egg yolks, like angel food cake, but most of them do. Sponge cakes, leavened with beaten eggs, originated ...

. Founded in 1953 as a simple artisanal pastry shop, created by pastry chef Michele Balconi, Balconi has a factory which covers an area of 20,000 square meters, employs 12,000 people and over 5,000,000 products are produced daily. In June 2015,

Valeo Foods Valeo Foods is an Irish multinational producer of branded food and beverage products. The company has a portfolio of over 50 international food brands which are sold across 90 countries globally, including Rowse Honey, Odlums Group, Odlums, Batch ...

purchased the company, 80% of which was owned by Clessidra, an Italian private equity house, and the remaining 20% from the Balconi family.

References

Manufacturing companies based in Milan Confectionery companies of Italy {{Food-company-stub