Acetum is a leading player in the production of Balsamic Vinegar of Modena IGP.
The group distributes its products in over 60 countries, generating a relevant portion of its consolidated turnover outside Italy. Acetum sells its products mainly to large retail chains as a private label supplier.
The firm produces Balsamic Vinegar of Modena IGP, glazes and condiments and, to a lesser extent, wine vinegar and traditional balsamic vinegar DOP. Across all product categories, the company focuses on the premium market segment of high-quality products.
Acetum, which employs over 100 people, operates through different highly automated production facilities located in the region of production of the Balsamic Vinegar of Modena IGP.
Clessidra private Equity supported the company on the one hand by hiring new managerial resources with great experience in the consumer goods market to support / lead the existing team; on the other hand, through a significant boost to growth through strengthening in foreign markets (mainly USA), entry into new geographical areas (Asia, South America), new channels (foodservice, e-commerce) and new products (apple vinegar).
Company: Acetum S.p.A.
Investment status: Realized
Investment date: 07/2015
Data of exit: 10/2017
Sector: Food industry / Specialty food
Initial Ownership: 80%