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Announced

Amadori to acquire Rugger from Lenti Family.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Pending

Private

Food Products

food processing

Majority

Friendly

Italy

Single Bidder

Synopsis

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Amadori, a firm engaged in Italian agriculture-food sector, agreed to acquire Rugger, a ham factory in Santena, from Lenti Family. Financial terms were not disclosed. "With the sale to the Amadori Group our family gives Rugger the great opportunity to accelerate and strengthen the growth process started with the possibility of increasing the distribution of Lenti products throughout the territory. national through the development of important market synergies with a group like Amadori which already today can count on a dedicated feed mill and a farm park of 80 site (10 of which are owned) for a total area of ​​approximately 250k square meters," Ruggero Lenti, Rugger CEO.

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