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Private Equity | Food & Beverage

Nutkao has acquired Antichi Sapori dell’Etna

Nutkao S.r.l., backed by White Bridge Investments, has acquired Antichi Sapori dell’Etna S.r.l.

Nutkao is a leading Italian contract manufacturer that has been creating and producing private label creams and chocolates for over 30 years. The group has its headquarters in Canove di Govone in the Piedmont region and distributes its products to 80 countries.

Antichi Sapori dell’Etna was established in Sicily, Italy, in 2002. In just a few years the company transformed from a pastry shop to a business with 70 hectares of pistachio groves on the slopes of Mount Etna, two production plants, and a distribution network in 52 countries, with a turnover exceeding US$62 million. Antichi Sapori is a highly specialized company with dedicated brands for each commercial channel: Pistì, a leading brand in large-scale distribution; Vincente, with a selection of the highest quality pistachios for specialists in the gourmet sector; and Madero Pastry and Madero Quality, which offer semi-finished products for the high-end pastry industry.

Oaklins’ team in Italy acted as financial advisor to the buyer Nutkao and White Bridge Investments in this transaction.

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 Giuseppe Maria Bernardo  Puccio

Giuseppe Maria Bernardo Puccio

Principal
Milan, Italy
Oaklins Italy
 Antoine  Collin

Antoine Collin

Managing Director
Milan, Italy
Oaklins Italy
 Luca  Morello

Luca Morello

Associate Director
Milan, Italy
Oaklins Italy
 Salvatore  Mamone

Salvatore Mamone

Analyst
Milan, Italy
Oaklins Italy

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