Announced
Completed
Financials
Tags
Majority
Food Products
Domestic
Private Equity
artisanal ice cream
Friendly
Private
Italy
Acquisition
Single Bidder
Completed
pastry
Synopsis
Italcanditi, an Italian producer of semi-finished ingredients for the bakery and dairy industries, completed the acquisition of Comprital Group, an Italian producer of ingredients for artisanal ice cream and pastry. Financial terms were not disclosed. “Italcanditi’s resilience through the pandemic continues, and today’s acquisition is another key cornerstone for building the group’s presence in the food ingredients sector. The acquisition of Comprital Group, in addition to the wider diversification of Italcanditi's activities through external growth, allows Italcanditi to further consolidate its leadership in one of the most interesting food ingredients markets with potential for significant value creation," Andrea C. Bonomi, Investindustrial Chairman.
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