Platinum Equity Acquires Farnese Group (Farnese Vini)

Platinum Equity Acquires Majority Stake in F.lli Polli S.p.A.

December 13, 2024

Food & Beverage

Platinum Equity has acquired a majority stake in F.lli Polli S.p.A., the Italian producer of pasta condiments, preserved vegetables and related products, from affiliates of the founding Polli family. The Polli family and CEO Marco Fraccaroli retain minority ownership and management continuity; Platinum Equity intends to support geographic expansion across Europe and the United States.

Foley Family Wines Acquires Ferrari-Carano Vineyards and Winery

June 9, 2020

Food & Beverage

Foley Family Wines has reached an agreement to acquire Ferrari-Carano Vineyards and Winery, including the Ferrari-Carano Estate Winery in Dry Creek Valley, the PreVail Mountain Winery, roughly 3,183 acres of land (1,223 planted acres), tasting rooms, residential properties and winery infrastructure. The acquisition expands Foley's portfolio of estate wineries and gives Foley control of Ferrari-Carano's award-winning brands, vineyards and hospitality operations.

Platinum Equity Acquires Majority Stake in Iberconsa from Portobello Capital

March 7, 2019

Food & Beverage

Platinum Equity agreed to acquire and completed the purchase of a majority stake in Grupo Ibérica de Congelados, S.A. (Iberconsa) from Portobello Capital and affiliates of the company's founding families; financial terms were not disclosed. Headquartered in Vigo, Spain, Iberconsa is a vertically integrated global provider of frozen seafood with an owned fleet of ~45 vessels, five processing plants and four cold storage facilities, and Platinum plans to support further growth through operational improvements and M&A while CEO Alberto Freire remains in place.

Panebianco Wines Acquires DB Wine Selections

March 4, 2025

Food & Beverage

Panebianco Wines, a New York-based importer and distributor of premium Italian wines, has acquired DB Wine Selections, a specialist purveyor of high-quality French wines. The deal expands Panebianco's fine wine portfolio and Northeast market coverage while DB Wine Selections will retain its name and president Didier Boutet to lead integration and continuity for clients and suppliers.

Platinum Equity Acquires De Wave Group

October 30, 2019

Manufacturing

Platinum Equity has acquired De Wave Group from Xenon Private Equity. Headquartered in Genoa, Italy, De Wave is a marine contractor specializing in cruise ship interiors (new build and refit) with facilities in Italy, Poland, Singapore and the United States; Platinum Equity said it will support organic growth and pursue prospective acquisitions to expand the company's product offering and capabilities.

Platinum Equity Acquires Majority Interest in Tarter Farm and Ranch Equipment

April 3, 2023

Manufacturing

Platinum Equity acquired a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company's founders; financial terms were not disclosed and the Tarter family remains a minority shareholder. Tarter, founded in 1945, manufactures farm and ranch equipment with production facilities in Kentucky and a manufacturing/distribution center in Corinne, Utah; Stephen Frazier will serve as CEO going forward.