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Italian fund takes majority stake in Alimenta Produzioni
Yahoo Finance· 2026-01-12 12:58
Company Overview - Alimenta Produzioni is an Italian baked goods manufacturer established in 2013, led by founder and CEO Valter Baldacci, along with partners Alberto Fenati and Matteo Federici [2] - The company is based in Riccione and employs 265 people, reporting revenues of approximately €50 million ($58.3 million) in 2025 [2] Investment Details - Fondo Italiano d'Investimento has acquired a majority stake in Alimenta through its Fondo Italiano Agri&Food Fund (FIAF), although financial terms of the deal were not disclosed [1] - The existing management team will remain in place and invest alongside the fund to support the company's medium-to-long-term growth plans [1] Growth Strategy - The investment aims to guide Alimenta into a new phase of development, focusing on industrial investments, customer base expansion, and organizational strengthening [3] - Alimenta holds a leadership position in the Romagna piadina category and also produces pinsa and other savory bakery products [3] Market Expansion - The company supplies retail customers from three production facilities and a logistics center located in Emilia-Romagna and Marche [4] - Alimenta has increased its exposure to international markets, which now account for over one-third of its total turnover, including markets in the UK, Germany, the Netherlands, Poland, Northern Europe, Australia, and the US [4] Product Development - Priorities include enhancing Alimenta's international reach, particularly in pinsa, which constitutes about 30% of the group's turnover, and consolidating its domestic market position [5] - The plan includes launching new product ranges using Altograno flour, known for its high natural protein and fiber content, developed in collaboration with Molino Casillo [5][6]