Giorgio Carere
Ethica Group
Ciemme Alimentari
Deal Type
Company sale
Sector
Consumer
Completion Date
27th December 2023
Deal Value
Not disclosed
Company Background
Ciemme Alimentari, based in Barletta, today has more than 100 employees and 8 dedicated production lines. Thanks to important technological investments focised on increasing the efficiency of production plants, Ciemme today represents one of the leaders in Italy and is in fact recognized on the market for its high quality, broad product portfolio and production efficiency.
Deal Summary
Ethica Group assisted, with the M&A Advisory team, Ciemme Alimentari, a leading Italian company in production, distribution and sale of high-end potato gnocchi, in the partnership with Hyle Capital Partners which, with the private equity fund “Finance for Food One”, focuses on Made in Italy and invests in the entire Italian agri-food chain and related services.
