Platinum Equity, the US investment giant with $48 billion in assets under management, is on the verge of securing a majority stake in F.lli Polli, a storied Tuscan company specializing in vegetable preserves and ready-made sauces. With over 150 years of history, F.lli Polli has grown into a multinational player and is being advised by Clearwater in the deal’s final stages.
The acquisition is designed to support F.lli Polli’s international ambitions. Platinum Equity plans to drive organic growth and strategic acquisitions, broadening the company’s product range and strengthening its foothold in European and U.S. markets. The strategy also places a strong emphasis on technological innovation and sustainability.
In a show of confidence, the company’s existing shareholders and management have reinvested, retaining a significant minority stake and key management roles to ensure continuity. F.lli Polli’s revenue has doubled in the past five years, nearing €200 million in 2023, with exports making up 80% of sales and a presence in 55 countries.