Italian investment firm Fondo Italiano d’Investimento has acquired a majority stake in local cured meat manufacturer Trinità Spa Industria Salumi through its subsidiary Fondo Italiano Agri&Food (FIAF). The transaction aims to support the founders in the company’s development process. Financial details of the deal were not disclosed, with the closing expected by August.
Fondo Italiano’s sector vehicle, FIAF, will work to enhance the excellence of the Italian agri-food supply chain by consolidating Trinità’s position in the Italian foodservice market and expanding its focus on foreign markets. The investment firm also plans to streamline Trinità’s internal processes.
Danio Sarzi Amadè and Sergio Verdelli Saccani will continue to lead the meat producer as president and vice president, respectively, with operational support from the FIAF team. The Mazzurega family will also remain involved with the company.
Verdelli Saccani expressed optimism for growth opportunities, stating, “For the future, we see multiple possibilities for growth. And because of that, we wanted to adjust the governance of the company, to add further skills and quality, giving further impetus to our group.” The partnership with Fondo Italiano and FIAF aligns with their goal of creating a leading national group with strong international presence while maintaining their core values.
Pier Felice Murtas, senior partner at FIAF, highlighted Trinità’s potential in the fragmented cured meats sector, emphasizing the opportunity for aggregation processes and expansion into foreign markets. The partnership marks a new phase of development for the company.
Founded in 1982, Trinità has grown through seven acquisitions, operating five production sites across Italy. In 2023, its revenues increased by over 30% to around €70m ($75.8m), primarily serving the foodservice channel in Italy through branded and private-label offerings.
In addition to the Trinità acquisition, Fondo Italiano has recently invested in pasta maker Pasta Berruto and partnered with Wise Equity to acquire bakery products manufacturer Casa della Piada. These strategic moves demonstrate Fondo Italiano’s commitment to supporting and expanding the food and beverage industry while driving growth in the business and consumer trends of the sector.
