Fior di Loto Srl has merged with Baule Volante Srl
Fior di Loto Srl and Baule Volante Srl have merged to form a strategic alliance to create a new leading player in the organic food segment. The combined business will generate revenues of over US$80 million and will offer efficient services to further increase the presence and proximity of specialized stores.
Fior di Loto, incorporated in 1972 and based in Turin, Italy, is an organic food distributor currently present in approximately 5,500 healthy food specialized stores, herbalists and pharmacies with over 2,000S KUs (including more than 800 with their own brands), ranging from basic organic products to those specific for food intolerances, macrobiotics, and biocosmetics. In 2016, Fior di Loto generated approximately US$30 million in revenues.
Baule Volante, incorporated in 1987 and based in Bologna, is one of the main Italian players in the field of organic food. The company has more than 5,600 organic products of which over 500 are their own brand. Baule Volante is part of the EcorNaturaSì group and generated revenues of US$54 million in 2016.
Oaklins' team in Italy acted as the exclusive advisor to Fior de Loto throughout the whole process and coordinated all activities aimed at defining and completing the transaction.
Talk to the deal team
Related deals
Pesquera Exalmar has acquired Pesquera Centinela
Pesquera Exalmar has acquired Pesquera Centinela from Grupo Romero.
Learn moreLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Learn moreChequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector
Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.
Learn more