Alto Partners has acquired a 70% stake in Ro.Mar., owner of the Semenzato brand. The Company was founded in 1890 by the Semenzato family which has been producing bread for four generations.
Ro.Mar. produces and markets sliced bread, sandwich bread and loaves under the Semenzato brand and for private labels of Italian and international large-scale retailers. The Company, whose production is located in a 10,000 sqm facility in Olmo di Martellago (Venice, Italy), has grown steadily over the last 15 years and has registered a turnover of €18 million in 2016. DVRCAPITAL acted as financial advisor to the buyer | May 2017