Argos Wityu completed the acquisition of Monviso from Cerea Partners and CAPZA.

Argos Wityu, an independent pan-European investment group, completed the acquisition of Monviso, a premium Italian dry bakery manufacturer, from private equity firms Cerea Partners and CAPZA. Financial terms were not disclosed. “The investment in Monviso is perfectly aligned with Argos’ approach: while it might appear a traditional and mature sector, we believe substantial growth can be achieved if constant innovation is pursued. Final and intermediate client needs are rapidly evolving, and producers need to accompany and anticipate those changes. Under Manfredi’s leadership, Monviso has been driving this vision for years. We are excited to roll up our sleeves and collaborate with the management team to help this esteemed company reach new heights," Jean-Pierre Di Benedetto, Argos Wityu Managing Partner.