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

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.