Sammontana and Forno d'Asolo together to create a new industrial group

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The Bagnoli family and Frozen Investments S.à r.l., an independently managed Investindustrial VIII company, have finalized the creation of a new Italian industrial group with a global focus. This merger of Sammontana and Forno d’Asolo establishes a leading producer of frozen pastries, desserts, and ice cream worldwide.

 

The Bagnoli family, Investindustrial, and senior management will share full ownership, with the Bagnoli family overseeing operations and sustainable growth in line with their values. Investindustrial will drive international expansion.

 

Alessandro Angelon, CEO of Sammontana Italia, who will lead this significant growth and internationalization effort, stated:

 

“Bringing Sammontana and the FdA group together is the realization of a shared vision driven by forward-thinking entrepreneurs and managers, alongside top private equity and finance experts. Our goal is to build a global leader with Italian roots. By drawing on our strong values and exceptional brands, we can earn worldwide recognition, while always prioritizing sustainable development and the people involved in this ambitious project. We aim for double-digit annual growth over the next five years."