Fida

Fineurop Soditic assisted Credem Venture Capital, fund managed by Credem Private Equity SGR S.p.A., in the acquisition of a majority stake in Fida Group in a Leveraged Management Buy In transaction. Fida Group, founded near Asti in 70’s, is active in the production of hard boiled candies, geleès and toffees, distributed under the brands “LeBonelle”, “Tenerezza”, “Gocce di Pino”, “Gocce di Liquirizia” and “Mogò”. The Company generated 2005 sales of approx. Euro 10 million with an Ebitda of 18%.