Announced

Advent-backed IRCA to acquire Anastasi Group.

Synopsis

Advent-backed IRCA, an international provider of chocolate, creams, and high-quality ingredients, agreed to acquire Anastasi Group, an Italian food ingredients company. Financial terms were not disclosed. "Thanks to the support of Advent International, one of the largest and most experienced private equity investors in the world, we will develop our projects with an increasingly international vision, and through the integration in the IRCA Group we will implement significant industrial synergies. We are very proud to be part of this Group. I’m excited to continue leading Anastasi, broadening the horizons of the company, and working with partners of the highest level to strengthen our position worldwide," Andrea Anastasi, Anastasi Group CEO.

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