Roncadin S.p.A. secured an 18 million euro investment from SIMEST and the BCC Iccrea Group to establish a production facility in the U.S., targeting the growing demand for Italian frozen pizzas.
Information on the Target
Roncadin S.p.A., headquartered in Meduno, Pordenone, has been a leader in producing high-quality Italian frozen pizza since its establishment in 1992. With a workforce exceeding 800 employees, the company achieved a consolidated revenue of over 200 million euros in 2024 and operates a factory capable of producing 100 million pizza units annually. Roncadin prides itself on utilizing the finest raw materials and a production method that replicates traditional pizza-making techniques, including wood-fired baking on stone and hand-finished toppings.
In a significant step towards international growth, Roncadin is set to establish a new production facility in the United States, reflecting its commitment to expanding its footprint in North America. This initiative marks the company’s first international production investment after over a decade of operating in the U.S. market through a dedicated distribution entity based in Chicago.
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Industry Overview in the Target’s Specific Country
The frozen food industry, particularly the frozen pizza sector, has experienced considerable growth across North America. With an estimated market value of approximately $6 billion, the demand for authentic Italian frozen pizzas has surged, dri
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Gruppo BCC Iccrea and SIMEST
invested in
Roncadin S.p.A.
in 2025
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $18M
Revenue: $200M
Enterprise Value: $30M
Multiples
EV/Revenue: 0.2x