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Consumer & Retail | Private Equity

Giacomo Group has been acquired by FIDIM S.r.l.

October 2020 — The private shareholders of Giacomo Group have sold a stake in the company to FIDIM S.r.l.

Giacomo Group manages a network of four high-end restaurants, two bakeries, a deli shop, an R&D lab and a gastronomic management hub. With Milan at the core of its activities for over 60 years, the Group launched a restaurant in Tuscany in 2018. What made Giacomo stay ahead in dining trends was their uncompromising attitude to food selection, constantly updating menu offerings and an exquisite client service. The Group’s customer base includes international celebrities, top global politicians and Milan jetsetters. Its B2B business stream supplies food to Milan’s high-end horeca players. The company employs 150 people.

FIDIM is the investment vehicle of the Rovati family. In 1961, the Rovatis founded Rottapharm, an Italian pharma empire known for its cutting-edge research and massive acquisitions. The company was sold for US$2.5 billion to the Swedish group Meda in 2014. Currently, FIDIM has interests in biotech, real estate and private equity.

Our role in the transaction

The new ownership structure and the new capital will allow the Group to consolidate its position among the leaders in the sector and expand into flagship locations.

Oaklins’ team in Italy served as the exclusive financial advisor to the seller in this transaction.

Parties
“We have chosen Oaklins because of its deep understanding of our business and the ecosystem in which we operate. We have realized it was the right choice as we saw the team driving the deal, anticipating and handling the challenges of this tumultuous period.”

Marco Monti

CEO and Shareholder, Giacomo Group

Talk to the deal team

Giuseppe Puccio

Principal
Milan, Italy
Oaklins Italy

Narmin Vakilova

Associate Director
Milan, Italy
Oaklins Italy

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