FlavourArt

FlavourArt

Italy

Investment Date: June 2020

Minority Shareholding

Status: Realized

Exit Date: July 2025

Sold to: Private Investor

Return (MoM): 1.5x

flavourart.it

 

FlavourArt is a leading group active in Italy and North America in the production and commercialization of liquid and powder flavorings for the food, confectionery, beverage, liquor and electronic vape industries.

With two production sites in Italy (Oleggio) and one in Canada (Beamsville), the Group's turnover is generated for 50% in the USA through the Canadian subsidiary FlavourArt North America; the remaining 50% in Europe and worldwide, in countries such as Italy, UK, Germany, Russia, France, Serbia, South Korea, Turkey, Thailand, Malaysia and Paraguay. Over 85% of turnover is generated by flavorings, with over 300 product references and customers present in more than 30 countries.