Italian leader in the circular economy applied to the production of sustainable feed ingredients
Advised on Acquisition
Advised Nextalia on the acquisition of Dalma
Nextalia SGR, on behalf of Nextalia Private Equity Fund, completed the acquisition of Dalma Mangimi S.p.A., Stella Mangimi S.r.l. and Sperina S.r.l. (jointly, "Dalma Group" or "Dalma"), leader in Italy in the circular economy applied to the production of feed ingredients for livestock through the processing of former foodstuff products.
Founded in 1981 by the Massa family, Dalma has developed an innovative industrial process to enhance the nutritional contribution of former foodstuff using them as ingredients in animal feed, supported by a high attention to food quality and safety, significantly contributing to the reduction of food waste.
The acquisition of the entire capital of Dalma Group companies was performed by a newly established vehicle, indirectly controlled by Nextalia. As a sign of commitment towards the relevance of the project, the Massa family has reinvested part of the purchase price, resulting in a minority stake in the Group's share capital and aiming at ensuring continuity to support the next phase of growth.
Vitale (IMAP Italy) acted as financial advisor to Nextalia SGR offering support in valuation of the targets, in the structuring of the transaction, during the negotiation phases and in the coordination of due diligence activities.