AromataGroup has acquired a majority stake in Fiorio Colori SpA
Milan-based AromataGroup has acquired a 76% stake in Fiorio Colori SpA. The Fiorio family will retain a 24% stake to ensure a smooth transition period and foster the ongoing growth of the company. Financial details have not been disclosed.
AromataGroup is one of the main Italian players in the field of aromas and ingredients for the food and beverage industry, with sales almost entirely from their internal production.
Fiorio Colori is engaged in the production and distribution of aromas and ingredients for the food and beverage industry.
Both companies involved in the transaction will benefit of new synergies in the food and beverage applications, combining the respective production, technological and R&D competences. Franco Fiorio, who will remain on board as non-executive Chairman, comments: "This step is very important for Fiorio Colori which now becomes part of a new and dynamic environment. We expect a positive development with significant and innovative synergies and a further and stronger international footprint able to maximize our in-house competences and expertise."
Oaklins' team in Italy originated the deal and advised the buyer throughout the process.
Discuti con...
Giuseppe Maria Bernardo Puccio
Oaklins Italy
Deal relazionato
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Per saperne di piùSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Per saperne di piùInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Per saperne di più