EQUITA assisted Valpizza
Aksìa Capital V, a fund managed by Aksìa Group SGR, acquires, through its investee Valpizza, a majority stake of C&D, an Apulian company leader in the production of pre-fried frozen oven-baked gastronomic specialties.
Aksìa Group was assisted by the law firm Giliberti Triscornia e Associati for legal and labour aspects, by PWC for the financial due diligence, by Studio Legale e Tributario Russo De Rosa Associati for tax matters, by EY for ESG aspects and debt advisory and by Equita K Finance, Italian partner of Clairifield International and part of Equita Group, as buy-side advisor.
The financing of the transaction was organised and structured by Crédit Agricole Italia, agent bank, and Intesa Sanpaolo, advised by Studio Legale Dentons.
The Carbonara family, which reinvested in the transaction, was advised by Alessandro Colaianni, for the financial advisory activities, and by Giuseppe Chiaia Noya, lawyer, for the legal aspects. Notary Michele Labriola advised the parties during the closing.
Thanks to the acquisition of C&D, Valpizza continues the expansion strategy started after the entry of Aksìa, in July 2020, and further consolidates its position on the domestic and international market, expanding its portfolio with high quality and innovative products, which combine the Mediterranean gastronomic tradition with new ways of consumption.
“We recognised in C&D a player with strong growth potential in which to invest,” said Marco Rayneri, Founding Partner of Aksìa Group. “The objective is to replicate the international success of Valpizza, exporting the new products to geographical areas where the brand is already recognized. I am sure that the synergies between Valpizza and C&D will lead to the achievement of new strategic goals”.
Marco Setti, CEO of Valpizza added: “C&D’s business is complementary to ours and the integration into the Group, both industrial and commercial, will allow us to enter the finger food and convenience segment, where we have identified significant growth trends”.