Rigoni di Asiago

Year
2023
Type of operation
Merger & Acquisition
Sector
Food

Rigoni di Asiago acquired the majority of Ambrosiae.

Since 2014, Ambrosiae, located in the Marche region, has produced high-quality snacks and breakfast food (i.e. granola, porridge and bars) with organic ingredients, distributed under the Ambrosiae and PerfectBio brands.

Rigoni di Asiago, the Italian pioneer in the organic food industry, is one of the top players in the jam industry (Fiordifrutta brand), including the sugar-free market (Natù brand), and spreadable creams (Nocciolata brand). Founded by the Rigoni family, it is now managed by the third generation, supported by financial investor Kharis Capital, with a turnover of over € 138m.

With the acquisition of Ambrosiae, the Rigoni Group aims to strengthen its market presence and become the top player in the organic breakfast and snacks industry domestically and internationally, focusing on innovation and process optimization.

Corus Corporate Finance acted as financial advisor to the Rigoni family, structuring the transaction, negotiating and remaining on board through the implementation stage to the binding agreements.

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