Select Alimenta Srl has acquired Emans Derivati Aromatici Srl
Select Alimenta Srl (Select), a company based in Milan, active in the production of food flavors, has acquired a 100% stake in Emans Derivati Aromatici Srl, (Emans) also based in Milan, from Arominvest, an investment company, for US$10 million.
Select, founded in 1968, is led by Hans Udo Wenzel, President, and Tonio Grassmann, CEO, and is active in the production of a wide range of natural and natural-identical flavors. This transaction represents Select's first move in the framework of a strategic project aimed at creating an international group in the flavor industry across Europe.
Since 1947, Emans has been synonymous with excellence in the flavorings and extracts sector for the confectionery, pharmaceutical and beverage industries.
Oaklins' team in Italy originated the deal and advised the buyer throughout the process.
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