Di Marco Acquires Majority Stake in Pizzami
Deal News | Jan 08, 2025 | Finance Community IT - 1 Corporate M&A
Di Marco, a company known for its production of flours and Roman-style pinsa bases, has acquired a majority stake in Pizzami, a leader in gluten-free pizza and bakery products. This acquisition strengthens Di Marco's footprint in the gluten-free segment, complementing its traditional and innovative offerings. Advisers on the deal included Dentons and PwC for Di Marco and Studio BCMS for Pizzami. The acquisition follows Di Marco's expansion in North America and is expected to double its size, achieving a forecasted €60 million in revenue by 2024. The partnership between Di Marco and Pizzami will enhance product innovation and quality, particularly in the gluten-free market. Pizzami, with a manufacturing site in Parma, is the third-largest Italian producer of gluten-free pizzas, exporting worldwide and targeting both HoReCa and GDO channels.
Sectors
- Food & Beverage
- Manufacturing
- Retail & Wholesale
Geography
- Italy – Both Di Marco and Pizzami are based in Italy, where their production and primary market activities are located.
- North America – Di Marco recently expanded operations to North America, marking it as a significant market for their distribution and growth.
- Global – Di Marco and Pizzami export their products to over 70 countries, indicating their international presence.
Industry
- Food & Beverage – Both Di Marco and Pizzami operate in the production and distribution of food products, specifically specializing in gluten-free and traditional pizza bases and bakery items.
- Manufacturing – Pizzami owns a production facility in Parma, highlighting their role in the manufacturing sector.
- Retail & Wholesale – Di Marco and Pizzami distribute their products globally to HoReCa and GDO channels, engaging in retail and wholesale sectors.
Financials
- 60 million euros – Projected revenue for Di Marco by 2024 following the acquisition of Pizzami.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Di Marco | Acquirer | Company | An Italian company known for producing flours and Roman-style pinsa bases, expanding globally. |
| Pizzami | Target Company | Company | An Italian producer of gluten-free pizza and bakery products, active in HoReCa and GDO channels. |
| Dentons | Legal Advisor for Di Marco | Company | A global law firm providing legal services for Di Marco in the acquisition. |
| PwC | Financial Advisor for Di Marco | Company | A professional services network offering financial advisory, led by key team members, to Di Marco. |
| Studio BCMS | Legal Advisor for Pizzami | Company | A law firm that provided legal advisory services to Pizzami during the acquisition. |
| Alberto Di Marco | CEO of Di Marco | Person | The CEO of Di Marco, overseeing the company's strategic growth and acquisitions. |
| Roberto Galati | CEO of Pizzami | Person | The CEO of Pizzami, involved in the acquisition and future collaboration with Di Marco. |
| Francesco Giordano | Partner at PwC | Person | Partner at PwC, coordinating the financial advisory team for Di Marco. |
| Maria Teresa De Ceglia | Director at PwC | Person | Director at PwC, part of the financial advisory team for Di Marco. |
| Raffaele Ruggero | Senior Manager at PwC | Person | Senior Manager at PwC, part of the financial advisory team for Di Marco. |