Cerealto continues to drive its transformation and growth plan with the appointment of Bosco Fonts as the new CEO. Fonts has more than 30 years of experience in the agri-food industry in Spain.
Bosco Fonts has held various leadership positions in multinationals (PepsiCo, Galletas LU, Danone, United Biscuits), as well as in leading family businesses in Spain (Aneto, La Piara -Nutrexpa- or Leche Ato).
In the last 10 years he has led an important milestone in the bread and bakery industry, the creation of Monbake. A company resulting from the merger of Berlys and Bellsola, with more than 1,400 jobs and a turnover of 300 million, of which Fonts has been CEO.
Fonts replaces Rut Aranda in the position, who hands over the executive leadership of the company after 20 years.
Over the course of April, Rut Aranda will progressively transfer her responsibilities to Bosco, and will join Cerealto’s Board of Directors as of May 1st.
The Executive Chairman of Cerealto, Cem Karakaş has conveyed his “welcome and support to Bosco Fonts, wishing him much success in this new stage of Cerealto“, as well as his “gratitude to Rut Aranda for her two decades of commitment to Cerealto and, in particular, for her transformational leadership during the last year“. “I am happy that I will continue to work with Rut at the Board of Directors as she supports the international growth of Cerealto” stated Karakaş.
The Company has a 40-million euros investment plan for the next three years in which it plans to invest more than 40 million to bolster its manufacturing capacity and innovation.