Italcer Group Acquires Ceramica Fondovalle

Fondo Italiano and TEC Glass Acquire Isoclima Group from Stirling Square

January 12, 2026

Building Products

A consortium of financial investors led by Fondo Italiano d'Investimento SGR and TEC Glass (an independent vehicle sponsored by The Equity Club) has acquired Isoclima Group. The transaction represents Stirling Square Capital Partners' exit after a period in which Isoclima doubled revenues and expanded internationally; Isoclima is a global leader in advanced transparent and specialty glass solutions headquartered in Este, Italy.

Salice Acquires Villes 2000 S.r.l.

October 2, 2025

Manufacturing

Arturo Salice S.p.A. (Salice Group), a Cobepa-backed manufacturer of hinges and furniture fittings, has acquired Villes 2000 S.r.l., an Italian producer of aluminium sliding systems for furniture, interior doors and shower boxes. The deal is an add-on to Salice’s platform intended to expand its sliding-systems portfolio, leverage product synergies (including the Bortoluzzi brand) and strengthen its offering to furniture and interior markets.

Valeo Foods Group Acquires Freddi Dolciaria S.p.A

May 2, 2025

Food & Beverage

Valeo Foods Group has acquired Italian sweet bakery Freddi Dolciaria S.p.A, a Castiglione delle Stiviere-based producer of pre-packaged sponge cakes with annual revenue approaching €20 million and 48 employees. The purchase strengthens Valeo's packaged wafers, cakes and biscuits portfolio (complementing Balconi), expands manufacturing and logistical capacity, and accelerates growth across South-West Europe.

Verallia Acquires Vidrala's Glass Business in Italy (Corsico Plant)

July 4, 2024

Packaging

Verallia has completed the acquisition of Vidrala's glass business in Italy, including the Corsico plant near Milan, for an enterprise value of €230 million. The Corsico facility (225 kt/year capacity, two furnaces) and nearly 200 employees will expand Verallia's production footprint and glass packaging offerings for the food, beer and spirits markets in Italy.

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.

Ergon-backed Dolciaria Acquaviva Acquires Milanopane S.r.l.

October 31, 2019

Food & Beverage

Ergon Capital Partners-backed Dolciaria Acquaviva has acquired Milanopane S.r.l., a Buccinasco-based producer of high-quality puff pastry salty snacks. Milanopane generates approximately €6 million in sales and employs 40 FTEs; the acquisition expands Dolciaria's product offering into salty frozen snacks, strengthens its position with modern trade customers, adds a Northern Italy production hub and is expected to deliver commercial and cost synergies.