Announced
Financials
Tags
Friendly
Pending
frozen food
Domestic
Acquisition
Private Equity
Italy
food producer
Majority
Single Bidder
Food Products
Private
Synopsis
Green Arrow Capital, a private equity firm, agreed to acquire a majority stake in Richetti, a manufacturer of chilled and frozen snacks serving the food service and retail channels. Financial terms were not disclosed. "Richetti is strongly rooted in its territories. Thanks to the vision of the founder Giuseppe Antonio Richetti, we built a company which is recognised as one of the leading European manufacturers of dairy chilled snacks. We are pleased to have found in Green Arrow Capital a solid partner sharing our strategy to foster further profitable growth," The Richetti Family.
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