Pasta Berruto has sold a 60% stake to Fondo Italiano d’Investimento SGR, with advisory support from Meti Corporate Finance, aiming to strengthen its presence in the Italian agri-food sector.

Target Information

Pasta Berruto, established in 1881 and headquartered in Carmagnola, is a prominent pasta manufacturer focusing on the mass distribution market, as well as the Ho.Re.Ca. and industrial channels. The company enjoys a strong international presence, generating over 90% of its revenue from exports to more than 100 countries, offering both private label products and its own branded items. In 2023, Pasta Berruto achieved remarkable financial results, reporting a turnover of €62 million and an EBITDA of €9 million, which translates to an implicit margin of 15%.

Industry Overview

The Italian pasta industry is a significant segment of the country’s broader food and beverage sector, known for its rich heritage and emphasis on quality ingredients. Italy is regarded as the birthplace of pasta, making the industry not only a vital component of its culture but also a cornerstone of its economy. The industry remains resilient in the face of global competition, driven by both domestic consumption and exports.

In recent years, the global demand for Italian pasta has surged, driven by rising health consciousness and the growing popularity of Mediterranean diets. This tren