FVS Sgr has acquired a majority stake in Biolab S.r.l., a leading Italian plant-based food producer, to enhance its growth and market presence in a rapidly expanding industry.

Target Information

FVS Sgr S.p.A. (FVS), a company controlled by the regional finance institution Veneto Sviluppo, has acquired a majority stake in Biolab S.r.l., a Gorizia-based firm specializing in plant-based food products. This acquisition marks the seventh operation for the 'Fondo Sviluppo PMI 2' in collaboration with Banca Ifis, aimed at accelerating Biolab's development and acquisition strategies.

Founded in 1991 as an artisanal laboratory by Massimo Santinelli, Biolab has grown to become a leading player in Italy’s organic food sector, particularly in plant-based foods. The company offers a wide range of products, including tofu, seitan, and vegetable deli meats, under its own brands (Biolab, Liveg) as well as private labels for major retailers. Biolab operates three facilities in Gorizia and an additional plant in San Daniele del Friuli, employing approximately 150 staff members. The company is dedicated to sustainable practices and adheres to stringent ESG (Environmental, Social, Governance) principles.

Industry Overview in Italy

The plant-based food sector in Italy is experiencing significant growth, fueled by a surge in consumer demand for healthier, more sustainable options. The increasing awareness of health, animal welfare, and environmenta