IQ Made in Italy Investment Company S.p.A.
- Client:IQ Made in Italy Investment Company S.p.A.
- Transaction:
M&A - Date:November 2022
- Sector:
Industrial
- Deal description:
Vitale advised IQ Made in Italy Investment Company S.p.A., a JV between CDP Equity and the Qatar Investment Authority in the sale of its 28.4% stake in Inalca S.p.A. to Cremonini S.p.A.
Inalca is a leading group in Italy and one of the major European players in the production and distribution of beef meat, holding the leadership in Italy in the production of hamburgers and is the biggest Italian producer of canned meat. Inalca’s business is divided in three main business units: meat production (73% of 2021 turnover), production of cured meats (12% of 2021 turnover) and distribution (15% of 2021 turnover).
In 2021 the group recorded a turnover of € 2,375m and had approx. 6,200 employees worldwide.
Through the joint venture with Qatar Investment Authority, in 2014 CDP Equity invested €165m in Inalca and in recent years it has supported the important growth of the group both organically and through acquisitions.
Vitale acted as financial advisor to CDP Equity and Qatar Investment Authority., providing support in the valuation of Inalca S.p.A., the structuring of the transaction and the assistance in negotiation phases.
- Deal Value:
n.a.