ITALY – Trinità Spa Industria Salumi, a prominent Italian cured meats producer, has purchased Modena-based Galli Industria Salumi, marking its eighth acquisition.
The transaction, facilitated by Trinità’s majority stakeholder Fondo Italiano d’Investimento, has not disclosed specific financial terms.
Fondo Italiano d’Investimento, which acquired its stake in Trinità earlier this year, described the acquisition as a strategic step to strengthen Trinità’s position within the Italian cured meats sector.
Trinità primarily serves the domestic foodservice market, producing a range of meats under its own labels and private brands.
With Galli’s addition, the company aims to enhance its offerings in Italy and explore new markets across Europe.
Galli Industria Salumi, known for its traditional cured meat products, generates around US$15.1 million in annual revenue, according to Fondo Italiano d’Investimento.
Established in Modena, Galli is expected to add significant value to Trinità’s portfolio and bolster its reach within the Italian market.
Founded in 1982, Trinità Spa Industria Salumi has grown through multiple domestic acquisitions, positioning itself as a notable player in Italy’s cured meats industry.
The company operates five production facilities spread across the Veneto, Lombardy, and Marche regions.
With more than 250 employees and sales agents, Trinità has reported a substantial revenue increase, with 2023 earnings up by over 30% to approximately US$75.7 million.
The company credits its growth to ongoing investments in modern machinery and production technologies.
Beyond cured meats, Fondo Italiano has also expanded into other segments of the Italian food industry.
Earlier this year, it acquired a controlling stake in Pasta Berruto, a pasta manufacturer, and joined Wise Equity in purchasing Casa della Piada, a producer of bakery items, from the Aksìa Group.
While ownership details remain private, Wise Equity reportedly holds a majority stake in Casa della Piada.
Headquartered in Vallese di Oppeano near Verona, Trinità aims to leverage its new assets to expandbeyond Italy.
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