Private equity firm Ergon Capital Partners completed the investment in Millbo and BioNaturals, two manufacturers of natural ingredients for the bakery sector across Europe, the US and Asia-Pacific. Financial terms were not disclosed. "We are delighted with the upcoming collaboration with Alessandro. We are impressed by the Group’s outstanding innovation capabilities, historical development and future growth potential. We look forward to supporting the whole MillboBioNaturals management team in realizing their ambitious goals," Riccardo Collini, Ergon Partner.