Advised on Sale of Company

Food & Beverage

White Bridge Investments

Investment company Italy

Acquired Majority Control of Business Operations

Nutkao

Leading producer of private label hazelnut spreads Italy

Advised Nutkao on its sale to White Bridge Investments

White Bridge Investments acquired an 80% interest in Nutkao, a manufacturer of chocolate and confectionery. The founding family will remain in the company with 20% of the capital.

 

White Bridge Investments, led by Marco Pinciroli and Stefano Devescovi, has acquired control of Nutkao, a company of international importance in the production of spreadable cream based on cocoa and hazelnuts and semi-finished products for the confectionery industry.

 

Nutkao was founded in 1982 by Giuseppe Braida, has its main production plant in Canove di Govone (CN), another in North Carolina (USA) and acquired a plant in Ghana in 2018. The founder of Nutkao, Giuseppe Braida, together with his sons Davide, Barbara and Monica, will remain with 20% of the capital and a strategic role, while the operational reins will be entrusted to Andrea Guidi, ex Barilla and Acetum.

 

IMAP Italy, Vitale & Co., acted as advisor to the Braida family with a team led by Alberto Gennarini and composed of Valentina Salari, Raffaele Ciccarelli and Luca Bidut.