(Telestock) – The Doriaan Italian giant in the production of tomato products, sauces, legumes and fruit juices under the large-scale retail trade brand, has signed a capital injection with the private equity fund Equinox (holder of a 90% stake) and Cominter (10% stake). contract for the acquisition of 100% of the capital of Clasa company active in the production of ambient sauces and pestos for the main industrial brands and the main chains of large-scale retail trade in Italy and abroad.
Founded in 1989 in Chiusanico (Imperia), in 2023 Clas generated a turnover of over 75 million eurosThe company’s product portfolio consists of the pesto category made with 100% Italian basil, which in 2023 represented almost 90% of revenues, ready-made pasta sauces (8%) and other various condiments.
Clas, which manages a production site in Chiusanico and has almost 150 employees (including permanent and seasonal workers) boasts a consolidated commercial presence abroadmainly in Germany, France and the United Kingdom, with international sales accounting for approximately 90% of the total and a total production of almost 90 million jars in 2023. The company’s revenues are equally divided between Private label and co-packing.
“We are extremely pleased to announce the acquisition of Clas, which represents a significant step in our expansion strategy in synergistic and strategic sectors for our growth”, commented Antonio FerraioliCEO and President of the La Doria Group.
The refinement The transaction, for which no financial details were provided, is expected to close by the end of September 2024.