Nexture, an Italian company that develops and produces food ingredients, has acquired Portugal's Frulact for an undisclosed amount, according to a company statement.
Frulact produces fruit-based specialty ingredients, liquid flavorings, and plant-based components for a wide range of end products, including dairy, desserts, ice cream, and beverages.
Owned by the Investindustrial fund, Nexture aims to create "great synergies" through the integration of Frulact and to strengthen its global presence in the fruit preparations sector. In this domain, the Italian company currently operates manufacturing facilities in Pedrengo (Italy) and Goes (The Netherlands).
"By combining Frulact's specialized expertise and innovation capabilities in natural ingredient solutions with our established market presence and operational excellence, we are uniquely positioned to capitalize on emerging opportunities and expedite our value creation process," stated Gabriele del Torchio, CEO of Nexture.
Following the transaction, Nexture anticipates reaching a turnover of 1.1 billion euros and doubling its production capacity from 13 to 24 factories.
Frulact, with approximately 850 employees, reported a turnover of 265 million euros for the twelve months ending September 2025.
Nomura, Investindustrial, Slaughter & May, Uría, Paul Weiss, McKinsey, and PwC offered advice on the transaction, addressing different financial, legal, and due diligence aspects of the deal.
Source: bolsamania.com
