Acquisitions in Lombardy, Italy

Valeo Foods Group acquired Italian sweet bakery producer Freddi Dolciaria S.p.A., strengthening Valeo’s position in packaged wafers, cakes, and biscuits and expanding its South-West Europe footprint. Freddi, founded in 1949 and headquartered in Castiglione delle Stiviere (Lombardy), specializes in pre-packaged sponge cakes and Swiss rolls, generating close to €20 million in annual turnover with 48 employees. Valeo Foods Group is owned by Bain Capital.

Verallia has finalized the acquisition of Vidrala's glass business in Italy for an enterprise value of €230 million, following satisfaction of regulatory and other closing conditions. The acquired business is Vidrala's Italian subsidiary operating a Corsico (near Milan) glass container plant with two furnaces serving beer, food, and spirits markets, strengthening Verallia's footprint in Italy.

Antin Infrastructure Partners has joined HOFI, an Italy-based funeral infrastructure operator, as a new long-term strategic partner. Existing shareholders, including Augens Capital, will remain invested and continue supporting HOFI as it expands its network of funeral homes and partners with additional funeral infrastructure operators across Northern Italy.

ProA Capital acquired 100% of Italian household hygiene products manufacturer Relevi from private equity firm PM & Partners (PM & Partners SGR). Relevi produces private-label home care products such as detergents, air fresheners and moth repellents for major European retailers; the deal value was reported to be below €100 million.

Etro entered into a binding agreement to partner with L Catterton, under which L Catterton Europe will acquire a majority stake in the Italian luxury fashion house. The Etro family will retain a significant minority ownership stake, and founder Gerolamo Etro will be appointed Chairman. Financial terms were not disclosed and the transaction is expected to close by year-end.

Quadrivio Group, via its Industry 4.0 Fund, acquired a majority stake in EPI, an Italian omnichannel (“brick and click”) company focused on sports merchandising. The investment supports Quadrivio’s expansion into digital services, leveraging EPI’s capabilities in e-commerce, retail operations, marketing, and logistics for major sports clubs and leagues.