In a significant development for the Italian food industry, Fondo Italiano d’Investimento has acquired a majority stake in Pasta Berruto, a Turin-based pasta producer, marking a new chapter in the company’s storied history.
A Strategic Infusion of Capital
The investment by Fondo Italiano d’Investimento, which sees it taking a 60% stake in Pasta Berruto, is poised to bolster the pasta maker’s production capabilities and international presence. This move is a testament to the fund’s confidence in Pasta Berruto’s potential for growth and innovation in the global market.
Pasta Berruto, with its roots tracing back to the 19th century, has been a significant player in the production of dry durum wheat semolina pasta. The company’s focus on quality and tradition has made it a respected name in the industry, with products reaching over 100 countries worldwide.
Enhancing Global Reach and Innovation
The investment is expected to catalyze Pasta Berruto’s expansion and innovation, allowing it to scale up production and enhance its product offerings. With a strong export rate, the company is well-positioned to increase its footprint in the international market, further solidifying its status as a leading Italian pasta producer.
The Berruto family, who have been at the helm of the company, will continue to play a pivotal role, retaining operational roles and minority ownership. This continuity ensures that the family’s legacy and the company’s core values remain integral to its operations.
The Future of Pasta Berruto
Looking ahead, Pasta Berruto is set to embark on a journey of growth and transformation. With the backing of Fondo Italiano d’Investimento, the company is expected to reach new heights, driving innovation while staying true to the heritage of Italian pasta making.
The strategic investment heralds a promising future for Pasta Berruto, one where tradition meets innovation, and quality Italian pasta continues to be enjoyed by consumers around the globe.