IDIA Capital Investissement and Crédit Agricole Italia have partnered to support Polenghi Food's international expansion and sustainability efforts through a significant investment.

Target Information

Polenghi Food, founded in 1976 by Giancarlo Polenghi and headquartered in Piacenza, Emilia-Romagna, Italy, is a leading player in the market for lemon-based condiments. The family-owned group offers both private label products and its own brands for retail, food service, and industrial sectors. Polenghi is recognized for its commitment to quality, sourcing lemons from renowned regions such as Sicily, Argentina, Spain, and the United States, thus earning the prestigious 'Made in Italy' label.

Polenghi has a diversified product range, which includes juices and pods, catering to various consumer preferences in terms of packaging, juice quality, and price levels. Employing approximately 200 people and generating revenue of over €100 million, the company operates in more than 90 countries with production facilities in Italy, Belgium, and the Netherlands, alongside R&D centers at each location.

Industry Overview

Italy's agribusiness sector, particularly the food processing industry, is pivotal to its economy, characterized by a strong emphasis on quality and heritage. The country is renowned for its culinary traditions, and lemon-based products repres