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New Deal


Announced

Completed

DeA Capital-backed Taste of Italy 2 completed the acquisition of a majority stake in Gastronomica Roscio for $61m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Completed

Single Bidder

ready meals

Private

Domestic

Friendly

Food Products

Italy

Private Equity

Synopsis

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DeA Capital-backed Taste of Italy 2, an Italian private equity fund focused on the agri-food industry, completed the acquisition of a majority stake in Gastronomica Roscio, an Italian manufacturer of fresh and frozen ready meals, for $61m. The Roscio Family will retain a minority stake in the company along with Taste of Italy 2, and Mr Francesco Roscio will maintain its operating role as Chairman, with specific proxies on the product development side.

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