CSM Ingredients buys natural origin ingredients supplier

MILAN, ITALY — CSM Elements has acquired Parma, Italy-based Hello-Meals, which specializes within the analysis, improvement and manufacturing of pure origin components. Monetary phrases of the transaction weren’t disclosed.

Based in 2012 by Giampaolo Cagnin, Massimo Ambanelli and Emanuele Pizzigalli — in shut collaboration with the College of Parma — Hello-Meals has since grown by growing progressive options on the planet of useful components for the plant-based and clear label meals business. The corporate is within the means of finishing the development of one of the crucial trendy and superior vegetation for the manufacturing and processing of pure, plant-based components, freed from allergens and artificial components. The brand new facility is positioned in Pilastro di Langhirano (close to Parma) and shall be geared up with a everlasting high-tech extrusion analysis heart. The plant additionally will provide a few of the most superior improvement and utility companies in Europe, together with a coordinated group of pilot buildings, experimental kitchens and industrial machines that can be capable of create product prototypes and new meals, Hello-Meals mentioned.

As a part of the transaction, the shareholders of Hello-Meals have agreed to reinvest their proceeds into CSM Elements, additionally taking over essential roles within the areas of R&D and industrial administration.

“We’re delighted {that a} new partnership has been created, with our assist, between CSM Elements and Giampaolo Cagnin and his glorious crew at Hello-Meals,” mentioned Andrea C. Bonomi, chairman of Investindustrial’s industrial advisory board. Investindustrial  acquired CSM in April 2021. “The analysis and improvement that has distinguished Hello-Meals since its basis is an ideal complement to the commercial platform that we started to construct within the components sector with the acquisition of CSM Elements in April 2021. Investindustrial has taken a long-term curiosity within the evolution of the sectors surrounding meals sustainability, reminiscent of meals manufacturing, components, dietary dietary supplements, packaging and closures. During the last 5 years, we’ve made eight new platform investments in these sectors investing €1.5 billion of fairness. These firms have in flip made one other 11 add-on acquisitions, and at present make use of a complete of roughly 10,300 staff.”

Mr. Cagnin, founding father of Hello-Meals, who will be a part of the advisory board of CSM Elements, added, “The scientific method and Hello-Meals improvements will discover in CSM Elements an excellent launching pad and reciprocal multiplication of worth. With Investindustrial’s dedication to assist shaping the components business in direction of a extra sustainable future, I take into account this to be an ideal alliance with extraordinary potential for worth creation.”

CSM Elements has greater than 1,400 staff, three analysis and innovation facilities, eight manufacturing vegetation and two open-innovation hubs. Source

Leave a Reply

Your email address will not be published.