Valeo Foods Group Acquires Freddi Dolciaria S.p.A

Vandemoortele Acquires Dolciaria Acquaviva from Apheon

May 29, 2024

Food & Beverage

Belgian family-owned food group Vandemoortele has acquired a majority stake in Dolciaria Acquaviva S.p.A. from pan-European private equity firm Apheon. The deal gives Vandemoortele a stronger foothold in Southern Europe and Italy’s frozen bakery market while enabling further international expansion of the Dolciaria product range and industrial footprint.

Bain Capital Acquires Valeo Foods from CapVest

May 10, 2021

Food & Beverage

Bain Capital Private Equity has agreed to acquire Valeo Foods Group from funds managed by CapVest. Valeo is a pan‑European ambient food company headquartered in Dublin with a portfolio including Jacobs, Kettle and Rowse, generating roughly €1.1 billion in annual net sales and employing over 4,000 people; Bain said it will seek to accelerate growth organically and via acquisitions. The transaction is subject to regulatory approvals and the financial terms were not disclosed.

Café Valley Acquires Freed's Bakery

January 5, 2023

Food & Beverage

Café Valley Inc., an Swander Pace Capital portfolio company, acquired the assets of Freed's Bakery, a manufacturer of iced mini cupcakes that supplies national and regional retailers. The deal is an add-on acquisition intended to expand Café Valley's product offering in mini iced cupcakes, drive synergies and economies of scale across its bakery platform.

Ergon-backed Dolciaria Acquaviva Acquires Dolce Milano S.r.l. and Unigel S.r.l.

March 25, 2021

Food & Beverage

Ergon Capital Partners–backed Dolciaria Acquaviva has completed the acquisitions of Dolce Milano S.r.l. (a Lombardy-focused frozen bakery distributor with a small frozen-dessert production line) and Unigel S.r.l. (a specialty frozen bread producer best known for the Schiocco product). The add-ons strengthen Dolciaria's presence in Northern Italy — particularly Lombardy — expand its SKU range into frozen desserts and specialty breads, increase exposure to modern trade and HoReCa channels, and create commercial and production synergies.

Italcer Group Acquires Ceramica Fondovalle

October 10, 2022

Building Products

Italcer Group, a portfolio company of Miura Partners and Mindful Capital Partners, has acquired Ceramica Fondovalle, a long-standing Italian producer of large-format porcelain slabs. The add-on strengthens Italcer's product offering in large slabs and is expected to help the group reach around €370 million in revenue in 2022; Fondovalle reported ~€50 million in turnover for 2022.

The Middleby Corporation Acquires Gorreri Food Processing Technology

November 27, 2024

Manufacturing

The Middleby Corporation has acquired Gorreri Food Processing Technology, a bakery equipment manufacturer based outside Parma, Italy. Gorreri operates a 50,000-sq.-ft. facility with approximately $20 million in annual revenue; Middleby said the acquisition expands its food processing and bakery product line—adding mixers, dosing, decorating, enrobing and ultrasonic portioning solutions—to strengthen its position in the cake and dessert categories.