Investindustrial – Acquisition of Italcanditi

Pan-european private equity firm, Investindustrial, has acquired Italcanditi. Last year, Italcanditi was expected to generate more than €100m, with more than a third of that generated outside Italy. Founded in 1963, Italcanditi produces of fruit-based ingredients and creams for the dairy, pastry and candied fruits sectors, and its product portfolio currently totals nearly 6,700 recipes.