When was POLENGHI acquired by PROGRESSIO SGR?

POLENGHI was acquired by PROGRESSIO SGR in 2019.

What was the revenue of POLENGHI at the time of the deal?

The revenue of POLENGHI at the time of the deal is estimated to be in the range of 50M - 100M EUR.

How is the data for the POLENGHI acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the POLENGHI deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://bebeez.it/private-equity/progressio-compra-una-minoranza-del-succo-di-limone-di-polenghi/

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodPOLENGHI

08/2019

POLENGHI acquired by PROGRESSIO SGR

ITALY Food Processing / Food Products REV 50M - 100M EUR

Context

Progressio SGR has acquired a minority stake in Polenghi Food S.p.A. from the founding family. The capital injection is aimed at accelerating the company's international growth, particularly in the United States (its largest market) and consolidating its leadership in Europe. The strategic plan also includes potential add-on acquisitions to expand the product portfolio and strengthen geographic presence.

POLENGHI, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Founded in 1976 and based near Piacenza, Polenghi Food is a global leader in the production and distribution of lemon and lime juice for condiments. The company specializes in packaging citrus juices for major retail chains (GDO) and food service clients worldwide. Under the leadership of Marco Polenghi, the company has pursued an aggressive internationalization strategy, establishing production and commercial subsidiaries in Europe and the United States. It exports to over 80 countries, with significant market presence in the US, France, and the UK.

Ent. Value

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Historical Financials (EUR)

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2017

Similar deals in Food Processing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2019	SEVEN2 / UI INVESTISSEMENT / CREDIT MUTUEL EQUITY	ROUTIN	FRANCE	Beverages
09/2019	HEINEKEN	GALLIA PARIS	FRANCE	Wines & Spirits
07/2019	RIELLO INVESTIMENTI PARTNERS	FOODNESS	ITALY	Soft Drinks
07/2019	INVESTINDUSTRIAL	NATRA	SPAIN	Food Products
06/2019	HEINEKEN	OEDIPUS	NETHERLANDS	Wines & Spirits
06/2019	MONDELEZ INTERNATIONAL	PERFECT SNACKS	UNITED STATES	Food Products
04/2019	DANONE	MICHEL ET AUGUSTIN	FRANCE	Food Products
04/2019	THE FERRERO GROUP	KELLOGG COOKIES AND FRUIT SNACKS	UNITED STATES	Bakery / Pastry
04/2019	PAI PARTNERS	ECOTONE	NETHERLANDS	Food Processing
04/2019	PEPSICO	CYTOSPORT	UNITED STATES	Food Products

REFERENCES

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of POLENGHI by PROGRESSIO SGR are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: progressio sgr