La Doria has snapped up fellow Italian food group Solana, a supplier of tomato products to manufacturing and foodservice customers.
In a statement, La Doria, which manufactures a range of Italian shelf-stable products, said the deal would “strengthen” its position in the tomato category and give it access to a “diversified and high-profile industrial customer base”.
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Solana specialises in tomato processing, which accounts for around 90% of its revenues, La Doria said.
In the year to the end of June 2025, Solana generated revenues of around €90m (US$102.5m). It has three production plants in Italy and has 46 staff.
Antonio Ferraioli, La Doria’s chairman and CEO, described the transaction as a “strategic step in the group’s growth path in synergistic and key sectors”.
He added: “The acquisition of the Solana group will enable us to strengthen our production capacity in tomato-based products for the industrial and foodservice channels, through the addition of an operator recognised for its premium positioning. At the same time, it will allow us to further enhance the group’s geographic diversification across Italy.”
La Doria, part of the Windoria business formed last year by private-equity group Investindustrial, is buying Solana from funds managed by Xenon Private Equity. The financial terms of the deal were not disclosed.
Franco Prestigiacomo, a Xenon co-CEO, said: “La Doria represents the ideal partner to support Solana in its next phase of development, thanks to strategic complementarity and the strength of its industrial project.”
