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Xenon Private Equity completed the acquisition of Solana.

Synopsis

Xenon Private Equity, an alternative investment fund manager, completed the acquisition of Solana, an industrial tomato processing company. Financial terms were not disclosed. Solana was founded in 2001 by a group of entrepreneurs with the aim of creating a production site of excellence, and began processing in 2003. The company is based in the Po Valley, where it operates on a site with a total surface area of 135k m2, including 27k m2 roofed area. The plant has been innovatively built to optimize production flows and processes in line with hygiene, energy and industrial requirements, and in compliance with ESG standards.

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