Alcedo acquires stake in Eurochef
Summary
“Also through its own brand “Lo chef a casa”, Eurochef quickly built up an excellent market positioning in the ready meals sector thanks to a unique combination of great taste, tradition and practicality that is recognized by its clients and consumers. Alcedo very much looks forward to work alongside the two founders – Stefano Stanghellini and Alessandro Cipriano – to accelerate the growth and internationalization of Eurochef, also through aggregations in a market that is still highly fragmented, but showing many absolute excellences”. The founder Stefano Stanghellini affirms “Having started from a butcher shop to today, having created a trusted partner for all major wholesale distribution chains in Italy, Eurochef and its brand “Lo chef a casa” have established themselves in a short period of time thanks to the quality and high added value of its products in a fast-growing market, driven by the continuous lifestyle changes of its consumers – increasingly attentive to quality yet with less and less time available for food preparation. The state-of-the-art production technology, the accurate selection of ingredients and the qualified personnel are the keys to Eurochef’s success.” Alessandro Cipriano, shareholder, added: “The presence of a strong and strategic investor like Alcedo on our side will increase and accelerate the development of the inherent potential of what is already a true success story. The company is headquartered in Treviso and for almost 30 years has been dedicated to investments in Italian excellence, with a predominant focus on small and medium-sized businesses in Northern and Central Italy.