Fratelli Pagani Restructures Ownership with MM Holding Acquisition
Deal News | Mar 03, 2025 | Finance Community IT - 1 Corporate M&A
Fratelli Pagani, a Milan-based company involved in producing and marketing food flavors and ingredients across over 40 countries, has undergone a corporate restructuring. Marco Cardazzi, using the vehicle company MM Holding, acquired 50% of the company shares, purchasing the stake of his brother and becoming the sole proprietor of the company. Additionally, he acquired complete ownership of the jointly held companies PFI Pagani Food Italia, Cerreto, Materland, and La Collina Toscana. This restructuring is set to support a robust generational transition process involving Mattia Cardazzi, representing the fifth generation of the family, to promote the company's expansion strategies. Proactiva Strategy M&A, with Partner Walter Pugliese, served as the financial advisor, while the legal aspects were overseen by FVF, a legal firm.
Sectors
- Food and Beverage
- Mergers and Acquisitions
Geography
- Italy – Fratelli Pagani is a Milan-based company, and the restructuring involves Italian entities.
Industry
- Food and Beverage – Fratelli Pagani operates in the production and marketing of food flavors and ingredients.
- Mergers and Acquisitions – The article discusses a corporate restructuring involving the acquisition of shares in a company.
Financials
- Over €45 million – Fratelli Pagani's annual revenue.
- 50% – The share of Fratelli Pagani acquired by Marco Cardazzi through MM Holding.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fratelli Pagani | Target Company | Company | A Milan-based company engaged in producing and marketing food flavors and ingredients. |
| Marco Cardazzi | Bidding Company/Buyer | Person | Acquired 50% of Fratelli Pagani's shares via MM Holding, becoming sole proprietor. |
| MM Holding | Bidding Company/Acquisition Vehicle | Company | Vehicle company through which Marco Cardazzi acquired his brother's stake. |
| Proactiva Strategy M&A | Financial Advisor | Company | Advised the financial aspects of Fratelli Pagani's restructuring. |
| Walter Pugliese | Financial Advisor | Person | Partner at Proactiva Strategy M&A, acted as the financial advisor for the acquisition. |
| FVF | Legal Advisor | Company | Provided legal advisory for the restructuring deal. |