Arcadia SGR snapped up salmon smoker Starlaks Italia in February with plans to double its revenues to €30 million over the next five years and it is already
Salmon supplier gets new owner
Salmon supplier Starlaks Italia, which supplies Italy s major retailers, has sold itself to local private-equity firm Arcadia.
Starlaks Italia, set up in 2012, generated net revenues of EUR16.1m (US$19.6m) in its most recent financial year, which closed on 30 June. The company is based in Borgolavezzaro, around 80 kilometres north-east of Turin.
Alex Brustia, one of three Starlaks Italia founding partners, said: In choosing a new shareholder who could continue along the path of growth achieved by the company in recent years, we have identified in Arcadia a financial operator with a solid industrial approach, able to seize future development opportunities.