Italian private-label cake maker Dino Corsini sold to private-equity firm Consilium

Dino Corsini, a supplier of private-label bakery products to some of Italy’s major grocers, has been sold to private-equity firm Consilium.

The deal, struck for an undisclosed sum, sees Consilium take a majority stake in Dino Corsini. The Corsini family will remain a shareholder.

Set up in 1935, Dino Corsini makes baked goods including pies and muffins, supplying Italy’s grocery majors.

In a statement, Consilium highlighted how part of the Dino Corsini range was focused on market niches of “high potential – organic, gluten-free, without added sugar”.

The investor said it is “ready to support the company in an ambitious development plan”.

Consilium manages two investment funds: the Consilium Private Equity Fund and the Consilium Private Equity Fund III. The Dino Corsini deal was made through the latter.

The two funds have a total budget expenditure of around EUR300m (US$336.9m). Consilium focuses on buy-out opportunities and investments in Italian small-and-medium-sized businesses.

Dean Best

An experienced editor, Dean has reported on the international food and beverage industries for 19 years. He became editor of Just Food in 2007 and Just Drinks in 2022.