Add-on Acquisition • Food

Agrimola Acquires La Nuova Tradizione s.r.l

On July 16, 2020, Agrimola acquired food company La Nuova Tradizione s.r.l

Acquisition Context

This is Agrimola’s 1st transaction in the Food sector.
This is Agrimola’s 1st transaction in Italy.

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M&A Deal Summary
Date	July 16, 2020
Target	La Nuova Tradizione s.r.l
Sector	Food
Buyer(s)	Agrimola
Deal Type	Add-on Acquisition

Target Company

La Nuova Tradizione s.r.l

Montecchio Maggiore, Italy

La Nuova Tradizione is a producer of semi-finished ingredients for ice cream makers, pastry chefs, and baker. The company produces ingredients for two main business units: powders and pastes for ice creams (70%) and jams, candied fruits, and flavorings for pastries (30%). In addition to the La Nuova Tradizione brand, the company also operates under three licenses: CGI Flavors, Vergani 1881, and Pizzolotto.

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Buyer Overview 1

Buyer

Agrimola

Casalfiumanese, Italy

Category	Company
Founded	1978
Sector	Agriculture

DESCRIPTION

Agrimola is a fresh chestnut market partnering with large Italian and European supermarket chains and supplies a wide range of fresh, frozen, or aseptic, mainly organic fruits, to a broad base of more than 50 international distributor clients for use in marmalades, desserts, ice creams and dairy. Agrimola was founded in 1978 and is based in Casalfiumanese, Italy.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Food	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Italy	1 of 1
Year: 2020	1 of 1

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