Vergani Acquires Pasticceria Scarpato to Expand Its Market
Deal News | Apr 23, 2025 | Finance Community IT - 1 Corporate M&A
Vergani, a historic confectionery company known for producing panettones for over 80 years, has acquired Pasticceria Scarpato, a business active since 1888 in Villa Bartolomea, Verona. The acquisition process was assisted by Vitale as the financial advisor, LCA Studio Legale for legal due diligence and contract negotiation, Studio Tributario Deiure for fiscal due diligence and structuring, and Bilma for EHS due diligence. The financial completion of the transaction has created an entity valued at 31 million euros, aiming for a revenue of 33 million euros by 2025. The Scarpato brand will maintain its production at its historic site and preserve its brand identity. The acquisition aligns with the common traits of both brands, focusing on artisanal care and quality assurance.
Sectors
- Food & Beverage
- Mergers & Acquisitions
Geography
- Italy – Vergani is an Italian company, and the acquired Pasticceria Scarpato is based in Villa Bartolomea, Verona, Italy.
Industry
- Food & Beverage – The article involves Vergani and Pasticceria Scarpato, which are both companies within the confectionery and bakery sector of the food and beverage industry.
- Mergers & Acquisitions – The focus of the article is a merger and acquisition activity, where Vergani acquires Pasticceria Scarpato.
Financials
- 31,000,000 – The new business entity formed by the acquisition is valued at 31 million euros.
- 33,000,000 – The target revenue for the business in 2025 is set to be 33 million euros.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vergani | Acquirer | Company | Vergani is a historic Italian confectionery company known for producing panettones. |
| Pasticceria Scarpato | Target Company | Company | Pasticceria Scarpato is a confectionery company operating since 1888, based in Villa Bartolomea, Verona. |
| Vitale | Financial Advisor | Company | Vitale acted as the financial advisor for Vergani in the acquisition. |
| LCA Studio Legale | Legal Advisor | Company | LCA Studio Legale provided legal due diligence and contract negotiation services. |
| Studio Tributario Deiure | Fiscal Advisor | Company | Studio Tributario Deiure was responsible for fiscal due diligence and structuring the acquisition. |
| Bilma | EHS Advisor | Company | Bilma conducted the EHS due diligence for the acquisition. |