Valsa Acquires Italian Pizza Manufacturer I Maestri del Forno
Investor-backed pizza manufacturer Valsa has acquired a majority stake in fellow Italian business I Maestri del Forno. The acquisition is part of Aksìa's ongoing strategy to consolidate the frozen and chilled pizza market, following previous acquisitions such as Yahm, Menchetti Food, La Pizza+1, and C&D. Post-acquisition, Valsa’s annual revenues are expected to reach €180 million ($208.6 million). I Maestri del Forno produces a range of Italian bakery goods including pizza for retail and hospitality sectors. The deal is also notable as the company's shareholders have chosen to reinvest with a minority stake. Aksìa plans further investment in production at I Maestri del Forno, though specific financial terms remain undisclosed. CEO Marco Setti leads Valsa, which now offers branded and private-label pizza products alongside Italian bakery items like pinsa and focaccia.
Topics: Food Manufacturing Italian Food Industry Private Equity