Gourmet Italian Food (GIF) was born in the fresh ready meals industry, a reality in which Eurochef Italia and La Gastronomica converge, two SMEs that have chosen the path of union. GIF has a turnover of over 35 million made with more than 100 employees. The “wedding” was commissioned by Alcedo Sgr and FVS, an investment fund that supports SMEs in the North-East. The former had acquired a majority stake in Eurochef in 2019 and will continue to maintain a significant percentage of control of GIF, while FVS invested in La Gastronomica in December 2018. Stefano Stanghellini, CEO of Eurochef, and Massimo Zanin, CEO of La Gastronomica , will continue to maintain their operational roles in the company. «The combination of the two companies represents a formidable success story in one of the most dynamic market segments in the food sector» says Maurizio Tiveron, president of Alcedo. «GIF will boast a range of products among the most complete on the market, ranging from fresh pasteurized dishes from Eurochef to the very fresh from La Gastronomica, always characterized by high quality. We are also examining several other strategic acquisitions that we hope to be able to announce shortly, with the aim of pursuing significant product and revenue expansion over the next few years »continues Tiveron. «We are happy to accompany Stefano Stanghellini and Massimo Zanin in this new chapter of their entrepreneurial history by combining our subsidiary La Gastronomica with Eurochef. We strongly believe in this group, active in a rapidly growing market and where we have glimpsed common success factors, such as high production technology and attention to the quality of the ingredients used in the right mix of tradition and innovation “, declares Gianmarco. Russo, general manager of FVS. “We want to accelerate GIF’s growth and internationalization path, also through future aggregations within a sector that is still very fragmented, but expresses absolute excellence in the entire North-East” concludes Russo.
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