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Next Advisor, led by Paolo Ragazzi, acted as Advisor to Fratelli Pagani S.p.A. in the acquisition of a business unit from Pimursa S.L., a historic Spanish company that produces and distributes spices and ingredients for the food industry. Pagani Iberica is thus born, which, in addition to incorporating Fratelli Pagani’s current business in Spain, acquires from Pimursa its company branch focused on the production of flavourings, ingredients and fragrances for Spain, Portugal and South America. This acquisition aims at strengthening Pagani’s presence in the Iberian Peninsula and marks the beginning of a strong partnership with Pimursa itself. Valentina Cardazzi, at the helm of Pagani Iberica and strong supporter of the operation states «The acquisition of Pimursa’s business unit is a fundamental step to strengthen Pagani’s presence in the Latin countries and lays the foundation for a rapid development in the Iberian Peninsula. The Iberian market…», continues Valentina, «…is very interesting, both for its remarkable affinity with the Italian market and for its high potential since Fratelli Pagani could acquire a significant share in just a few years…and last but not least, Spain is an indispensable bridge to South America, a huge market where Pimursa is already presents». Fratelli Pagani S.p.A. has been an undisputed leader for more than 110 years in the industry of spices, flavourings and functional ingredients for the food industry, especially for meat and related products. The Pagani Group, which boasts a turnover superior to 60 million euros, is present in more than 36 countries globally and the new Pagani Iberica subsidiary joins the three already present in Eastern Europe and the US one, inaugurated in 2018. Pimursa S.L, established in 1965 by the Muñoz family and headquartered in the Murcia region, is present in Spain and Portugal with the production and commercialization of a wide range of formulations for the food sector and is the undisputed leader in the world of Pimentón with a total turnover of more than 36 million euros. |
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Next Advisor, led by Paolo Ragazzi, acted as exclusive Advisor di Cerreto S.r.l., leading company in the world of organic products and foods, in the acquisition of a stake in Materland S.r.l., a historical Sicilian company specialized in the production and commercialization of legumes and dried fruits products. The transaction establishes the acquisition of 20% and an irrevocable option to reach 60% within the next 12 months. «The acquisition of Materland…» states Mattia Cardazzi, CEO of Cerreto «…is fully in line with Cerreto’s development plan for the coming years. Specifically, this first acquisition allows us to enter currently unattended markets, such as dried fruits and special legumes pastas, as well as allowing us, through the historical brand Terravecchia, to enter the traditional products’ market, affirming Cerreto as expression of the Organic world. Materland, moreover…», Cardazzi continues, «…already represents production excellence, boasting, for many products, a totally Sicilian integrated supply chain that, in the future, should involve almost all the marketed products». Cerreto S.r.l., headquartered in Gattatico (Reggio Emilia), has been operating in the organic food market for over thirty years, offering a wide range of top-quality organic products. Over the years, Cerreto has established itself as one of the most important and complete agrifood chains with an ever-increasing sensitivity to eco-sustainability in agriculture. Since 2015, Cerreto has become part of the Group Fratelli Pagani S.p.A., an Italian family company that has been producing and marketing exclusive flavorings and ingredients for the food industry for over a hundred years and five generations. Materland S.r.l., established in Sicily in the 1950s by the Terravecchia family, is active in the selection, production, packaging and distribution of a wide range of legume and dried fruit products. In recent years, the company has established important supply chain relations with leading Sicilian farmers to follow the products from sowing to harvesting, always with a particular focus and attention to the organic world. Today it is present on the market with the Terravecchia brand. |
