Milan, March 25, 2021 – The shareholders of Unigel S.r.l. (“Unigel”), a company among the leading producers of frozen bakery specialties, sold 100% of the share-capital to Dolciaria Acquaviva S.p.A. (“Dolciaria”), a leading company in the production of frozen bakery products whose reference shareholder is represented by the investment company Ergon Capital, which operates in the mid-market with over €1.5 billion under management.

Unigel has been advised by Scouting Capital Advisors, through Scouting Corporate Finance, as financial advisor, with a team led by Managing Partner Giuseppe Mario Sartorio, Manager Richard Pratissoli and analysts Riccardo Ricci and Mario Giorgetta. Legal advisor for the transaction was the law firm NCTM, led by Partner Pietro Zanoni, while Giuseppe Traldi of Commercialisti & Associati was the fiscal advisor.

In the transaction, Dolciaria has been asdvised for the legal aspects by the law firm Hi.lex and, for the fiscal aspects, by ‘ Russo De Rosa Associati.

Unigel has been able to conquer an important position in frozen bakery products thanks to its leading product Schiocco, which represents the union between a special bread and a croissant. Unigel products are sold in the most important brands of large-scale retail trade, as well as in the Ho.Re.Ca channel, especially in northern Italy.