Equipe del Casale Group established through triple acquisition

Equipe del Casale SpA, a holding company controlled by Aksìa Capital VI (a fund managed by Aksìa SGR) together with Riello Investimenti SGR and the Gecchele family, which already holds the entire share capital of Il Fornaio del Casale SpA, has acquired Castelfood (a company owned by Gianni Rizzato active in cereal, rice, and vegetable-based snacks), Figulì (a company focused on organic and gluten-free bakery products), and Dolciaria Pontevecchio (active in the traditional bakery and cake segment).

The transaction has led to the birth of the Equipe del Casale Group, a new leading Italian hub in the production and marketing of bakery products, created through the integration of the three entities with Fornaio del Casale. The integration establishes a group with approximately €85 million in revenue, five production plants, and an international reach covering over 25 countries. The entrepreneurs of the acquired companies have reinvested in the project, maintaining operational roles within the group to ensure managerial and strategic continuity.

Giliberti Triscornia e Associati managed the legal aspects of the operation regarding the three acquisitions and the financing with a team including Francesco Cartolano, Matteo Acerbi, Francesco Ambrosio, Ilaria Di Pasquale, Maria Fiorenza Mattioli, Sofia Pierro, Federico Grossi, Rachele Carraro, and Alessandro Croce. Giovannelli e Associati handled the tax profiles and the structuring of the acquisitions with a team led by partner Diego De Francesco, counsel Andrea Tognon, and associate Manuel Bonechi.

The operation was financed by Muzinich & CO SGR through the subscription of a bond issued by Equipe del Casale. Muzinich was assisted by Chiomenti with a team comprising partners Nicholas Lasagna and Davide D’Affronto, counsel Maria Ilaria Griffo and Daniele Sacchetti, and associates Alessandra Belmonte, Francesca Regolo, and Annie Jandoli.

The sellers of Castelfood were assisted by Adacta Tax & Legal with a multidisciplinary team including, for legal matters, partner Riccardo Carraro, senior associate Giuseppe Valerio, and associate Eleonora Fina, and for tax matters, senior partner Henry Garzotto and senior associate Floriana Savastano.

The sellers of Figulì were assisted by GA-Alliance for legal aspects, with a team composed of Vittorio Titotto, Riccardo Manfrini, and Rubie Acevedo, and for the tax and transaction structure by Studio LS LexJus with partner Lorenzo Boer.

The sellers of Dolciaria Pontevecchio were represented for legal matters by Roberto Nannelli of Studio Giuristi & Avvocati di Firenze, and for tax aspects by Maddalena Pilastri. The notary aspects were managed by Studio RLCD Notai with notary Arrigo Roveda.