Trinità Spa Industria Salumi has successfully acquired Galli Industria Salumi, another notable player in the Italian cured meats sector. This strategic move marks a significant milestone in Trinità’s growth trajectory.
Financial specifics surrounding the acquisition have not been disclosed. However, this acquisition is reported to be the eighth since the company’s majority shareholder, Fondo Italiano d’Investimento, acquired its stake in Trinità earlier this year.
Fondo Italiano d’Investimento indicated that this acquisition aims to enhance Trinità’s position as a “leading producer” of cured meats, especially within the foodservice sector, which reflects current food and beverage industry trends. Notably, Galli, headquartered in Modena, generates approximately €14 million ($15.1 million) in sales.
While Trinità has historically focused on the Italian market with its own brands and private label products, the company is now strategically pursuing expansion into new European markets, responding to food and drink consumer trends.
Founded in 1982, Trinità has navigated a path of growth through numerous domestic acquisitions and currently operates five production facilities across the Veneto, Lombardy, and Marche regions. In 2023, Trinità’s revenue surged by over 30%, achieving approximately €70 million.
Earlier this year, Fondo Italiano also acquired a majority stake in Pasta Berruto, a pasta manufacturer, reinforcing its commitment to the food and drink business. In July, it collaborated with Wise Equity to purchase Casa della Piada, a bakery products manufacturer, from Aksìa Group, although the specific terms remain undisclosed. Reports suggest that Wise Equity has taken on a majority stake in this transaction.
In summary, Trinità’s acquisition of Galli reflects its ambition to solidify its market leadership in the Italian cured meats sector and expand its reach within the rapidly evolving European foodservice landscape.
