Palladio Corporate Finance consolidates its experience in food and beverage advisory with a new M&A transaction. In the last days Alto Capital III fund in La Suissa S.r.l.. entered the share capital of La Suissa, a Piedmont's company operating in chocolate andconfectionary production.
Palladio Corporate Finance consolidates its experience in food and beverage advisory with a new M&A transaction. In the last days Alto Capital III fund in La Suissa S.r.l.. entered the share capital of La Suissa, a Piedmont's company operating in chocolate andconfectionary production.Palladio Corporate Finance, member of the international M&A network Globalscope, assisted La Suissa in the sale of the 80% stake to the private equity fund Alto Capital III, managed by Alto Partners S.G.R. The deal has been completed through a family buy-out operation. La Suissa's founders Mr. Piella and Mr. Taccin will retain a 20% minority stake. Alto Partners' investment will allow the Italian company to strengthen its position within the national market and develop its presence in foreign countries, thanks to the support of founders' experience and the contacts' network of the new institutional investor.
La Suissa S.r.l. is a family-owned company producing chocolates and confectionery products. The company has been established in 1981. The plant is based in Arquata Scrivia, near Alessandria (Piedmont), an Italian region that is also a historical symbol of chocolate's production. Over the years, the company gained a significant presence both in domestic and foreign markets (the 40% of production is exported), recording a continuous growth that allowed it to achieve a 14.4 million euro turnover in 2015 and a 20% Ebitda Margin.
Palladio Corporate Finance and Globalscope
Since 2004 Palladio Corporate Finance, part of the PFH Holding, provides advisory in M&A transactions. Among its activities, mergers and acquisitions, debt restructuring, cross border transactions, debt advisory and project finance, IPO advisory, corporate reorganisations, joint ventures and partnerships. Palladio Corporate Finance is responsible for the consumer goods practice of Globalscope, a network of 45 companies with more than 400 professionals specialized in corporate finance and business advisory in 38 countries.
Alto Partners SGR
Manages independent private equity funds dedicated to the Italian mid-market. Among these, there are Alto Capital II and Alto Capital III, independent funds whose investments focus on medium-sized industrial and service enterprises in several Northern Italy regions (Piedmont, Lombardy, Emilia Romagna, Tuscany, Veneto). In addition to the recent entry in La Suissa, Alto Capital III invested in food companies such as Monviso (bread substitutes),Drogheria&Alimentari (spices) and Trevisanalat (mozzarella). Alto Partners SGR usually invests in growing companies through the acquisition of a majority stake or buyout transactions, both collaborating with the existent management and pursuing the support of external managers.