Sabelli, one of Italy’s major cheese manufacturers, is finalizing the acquisition of Trevisanalat, a leading mozzarella cheese maker mow owned by a private equity fund managed by Alto Partners sgr, Il Sole 24 Ore writes today, stressing that the merger of the two companies will give birth to a major group in Italy in the mozzarella cheeese sector. Banca Euromobiliare is advising Alto Partners on the deal, while Arietti & Partners is Sabelli’s advisor.
Sabelli reached 35 million euros in revenues in H1 2016 (+10%) after having reached 69.3 millions in 2015 and 67.2 millions in 2014, when the company recorded 4.9 millions in ebitda and a net financial debt of 6.6 millions (see here an analysis by Leanus).
Trevisanalat produces about of its revenues from its own brands (Trevisanalat, Biancabella and Prontibianchi) with the rest coming from private label productions for all major GDOs (ie Coop, Carrefour, Auchan, Lidl, and Iper). The company reached 57.7 million euros in revenues in 2015 (from 46.4 millions in 2014), a 4.2 millions ebitda (from 2.17 millions) and a 3,3 millions net financial debt (see here an analysis by Leanus).
