Ethica Group, through its M&A Advisory team, supported the shareholders of Fine Food Group S.p.A., a leading Italian distributor of high-quality “unconventional” food products (Tex-Mex, American, and Fusion), in the sale of a majority stake to Taste of Italy 2, a private equity fund specializing in the agri-food sector managed by DeA Capital Alternative Funds SGR.
Founded in 1995 by Fabrizio Fasulo and headquartered in Rome, Fine Food Group has been part of Europe Capital Partners’ portfolio since 2022. It serves a diverse customer base of restaurants, bars, pubs, and street food chains across Italy. In 2024, the company recorded approximately €46 million in revenue and relies on a highly qualified internal sales force, composed of professionals with food industry experience, including former chefs and restaurant operators.
Fine Food Group’s product portfolio, which includes both proprietary and third-party brands, is one of the most comprehensive in Italy’s “unconventional” food landscape, with over 600 items ranging from Tex-Mex and American-style specialties (gourmet burgers, tortillas, sauces & dips) to fusion and plant-based offerings. Thanks to ongoing research into emerging international trends and strong partnerships with top global producers, Fine Food Group stays ahead of evolving tastes and out-of-home dining trends, offering innovative, high-quality products tailored to a sophisticated and discerning clientele.
The company has successfully combined its quality “unconventional” offerings with a digitally integrated ordering system and highly personalized customer service, assisting clients in menu development and culinary strategy, fostering long-term relationships. Today, Fine Food Group operates through five warehouses in Italy and abroad (Milan, Rome, Bari, Treviso, and the Netherlands), ensuring proximity, reliable service, and secure supply chains through trusted suppliers and optimized logistics.
Taste of Italy will support Fine Food Group in strengthening its market leadership and accelerating its next growth phase, which may include targeted M&A operations in Italy and abroad. Founder and CEO Fabrizio Fasulo will reinvest alongside Taste of Italy and continue to lead the company, supported by a highly experienced management team.
As part of the transaction, the shareholders of Fine Food Group were advised on financial matters by Ethica Group’s M&A Advisory team, composed of Giorgio Carere, Roberto Liguori, and Lorenzo Vannozzi.
