DeA Capital-backed Taste of Italy 2 completed the acquisition of a majority stake in Fine Food Group from Europe Capital Partners.

DeA Capital-backed Taste of Italy 2, a private equity fund, completed the acquisition of a majority stake in Fine Food Group, a food and beverage company, from Europe Capital Partners, an asset management company. Financial terms were not disclosed. “Fine Food Group has successfully carved out a profitable niche in a very competitive market thanks to the vision of its founder, Fabrizio Fasulo, and the commitment of its management team and employees. The operating model of the Company allows it to grow consistently by helping clients to innovate, differentiate and become more efficient. We will support the development of the Company with further investments in people and distribution assets and potentially with the integration of complementary players in the sector,” Filippo Amidei, Taste of Italy Managing Director.