Optima acquired the ice cream and bakery ingredients manufacturer Giuso Guido

Fineurop Soditic acted as exclusive financial advisor to Optima, a leading manufacturer of ingredients for artisanal ice cream active worldwide with the MEC3 brand and cake decorations with the Modecor brands controlled by Charterhouse Capital Partners, in the acquisition of Giuso Guido.

Founded near Alessandria in 1919, Giuso Guido is focused on the manufacture and sale of high quality ingredients and semi-finished products for bakeries and artisanal ice cream producers. It can count over 600 items on catalogue sold in 35 countries worldwide.

The deal allows Optima to widen its product range and to achieve synergies with both MEC3 ice cream ingredients as well as the pastry decoration of Modecor, acquired in January 2018.

Through this acquisition, Optima will consolidate its global presence as high quality “made in Italy” manufacturer boosting its sales, reaching Euro 190 million.

This acquisition represents the second add-ons completed by Optima under control of the UK-based private equity firm Charterhouse Capital Partners which invested in it, in November 2016.

 

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