Italian cheese manufacturer Sabelli has acquired 79% of mozzarella cheese maker Trevisanalat from private equity fund Alto Partners.
As a result of the deal, Sabelli has become Italy’s third largest mozzarella cheese producer with a turnover of over €120 million.
Last year, Trevisanalat had a turnover of around €49 million (€5.3 million of EBITDA), producing over 12,000 tons of mozzarella in the factories of Resana (Treviso) and Vipava (Slovenia).
These were distributed through its own brands Trevisanalat, Bianca Bella, Biancamore, Buon Sapore, Campesina, DeiPrai and ProntiBianchi Via, and also for private label brands of retailers Billa, Carrefour, Auchan, Simply, Crai, Selex, Merkur and Iper.
Sabelli closed 2015 with a turnover of almost €70 million (€8.4 million of EBITDA) producing 14,000 tons of cheese at its Ascoli Piceno factory.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.