Press Release – 16th August 2020
1st September 2020 – An investment company (“Investindustrial”) indirectly owned by Investindustrial VII L.P. has signed an agreement to acquire a majority stake in Della Toffola S.p.A. and DT Invest S.r.l. (“Della Toffola”).
Below is some commentary from Della Toffola Pacific’s Managing Director, Paul Baggio, related to this major partnership deal between Della Toffola Group and leading private investment group InvestIndustrial.
“It is now 20 years since my personal journey started with Della Toffola, a somewhat smaller part of the path set by patriarch Giacomo Della Toffola back in 1958. Certainly, much has changed in the global wine industry since those humble beginnings in Treviso Italy and the trajectory ever since has been bold and ferocious. It is fitting that the second-generation patriarchs, now aged in their mid 70’s to early 80’s take the ambitious step to partner with one of Europe’s most dynamic private investment groups, InvestIndustrial. The news this week that InvestIndustrial has put its significant financial muscle towards partnering with Della Toffola sets the stage for a new period of growth and development at Della Toffola and for its subsidiary businesses such as Della Toffola Pacific.
The strategic focus that InvestIndustrial has displayed over the years, specifically targeting engineering and quality food and beverage equipment manufacturers, provides the line of sight in support of the recent commentary made by Mr Andrea Bonomi, President of the advisory Board at InvestIndustrial, that significant plans towards further strengthening the Della Toffola Group’s already dominant market share, and supporting the expansion of its position into existing and new sectors abroad will be the underlying focus for their investment. The engineering expertise, along with much that currently is employed in respects to the Business development leadership driven by the 3rd generation Della Toffola family remains in place, as most certainly will be my personal significant equity position in Della Toffola Pacific.
The expansion over the last 20 years for Della Toffola Pacific into the wine and beverage, processing and packaging space, be it in Australia and New Zealand has been from its own simple beginnings, an exciting and well-deserved story of success. We are excited by this latest development; it brings the opportunity of greater resources and a strategic partner well versed in navigating new levels of business development and expansion.
The future is bright for Della Toffola Pacific. The 2020-2021 year is already well placed with many exciting new projects in build and on track for installation into the Australian and New Zealand markets. The design and construction of a new larger scaled winery for Tasmania by one of Australia’s most Iconic winemakers, along with investment into new processing technologies for each the Australian and turnkey winery developments for Marlborough, are just some of the exciting projects the team at Della Toffola Pacific are currently leading.”
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