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Nexture acquires Frulact to strengthen global leadership in value-added food ingredients
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Wednesday, 12 November, 2025, 16 : 00 PM [IST]
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Milan, Italy
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In a strategic move to expand its footprint in the global food ingredients sector, Nexture S.p.A., a leading integrated group specializing in high-quality food ingredients and value-added solutions, has announced the acquisition of Frulact, a globally renowned manufacturer of fruit- and vegetable-based specialty ingredients.
The acquisition, backed by an independently managed investment subsidiary of Investindustrial VII L.P., significantly enhances Nexture’s innovation capabilities and global reach. Frulact, headquartered in Porto, Portugal, operates 11 production plants and nine R&D centers across Europe, North America, and Africa, employing over 850 people and generating annual revenues of around €265 million from sales in more than 50 countries.
With this acquisition, Nexture strengthens its expertise in fruit preparations, a key growth segment for the company, and broadens its market presence in high-growth regions such as North America and Africa. The combined group will now operate 24 factories worldwide and employ approximately 2,700 people, with projected annual revenues of €1.1 billion.
Commenting on the development, Gabriele Del Torchio, CEO of Nexture, said, “This acquisition represents a natural evolution of our growth strategy and reinforces our commitment to delivering exceptional value to our customers. By combining Frulact’s specialized expertise in natural ingredient solutions with our operational excellence, we are uniquely positioned to capture emerging opportunities and accelerate our value creation journey.”
Frulact’s CEO Dinorah Mandic, who will continue to lead the company under the Nexture umbrella, expressed enthusiasm for the merger, stating, “We share a common vision of excellence and sustainability. Joining Nexture gives us the scale and resources to accelerate innovation and deliver greater value to customers globally.”
The acquisition is a part of Nexture’s ambitious buy-and-build strategy supported by Investindustrial’s Value Creation Advisory Team. Since Investindustrial’s entry, Nexture’s revenues have more than doubled from €517 million to €1.1 billion—transforming it into a global powerhouse in the food ingredients space.
The transaction, advised by Nomura, McKinsey & Company, and PwC, is expected to close in the first quarter of 2026, subject to customary regulatory approvals.
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