Milan (Italy), October 23, 2019 – Latteria e Caseificio Moro, company boasting more than 90 years in the production and sale of fresh milk derivatives, today announced it welcomed Argos Wityu, European independent investment fund with a 30-year track record, as shareholder to support its growth in Italy and abroad.
Leading producer and seller in the fresh cheese sector in Italy, Latteria e Caseificio Moro is based in Motta di Livenza, in the province of Treviso. Distinctive products include mozzarella, ricotta and PDO Montasio cheese sold in Italy, with a specific focus on the foodservice channel. With above €40m revenues, Moro boasts more than 20-year-long relationships with its main clients and in its sector and has reached unique production efficiency standards.
Maurizio Moro, CEO, will continue to develop Latteria e Caseificio Moro with the support of Argos Wityu, focusing on one hand on organic growth led by strong relationships with existing clients; on the other, on the opening of new markets in Europe, leveraging on Argos’ international network and the team’s deep knowledge of the food sector.
These goals will be targeted without leaving the path chosen years ago, based on the same constant innovation of the productive process that made the success of the company.
Maurizio Moro, CEO of Latteria e Caseificio Moro, said: “Argos Wityu’s experience and ability to identify our needs were essential in our decision to choose them as a new strategic partner for our reinforcement and development process. Along with Argos Wityu’s team who will support us in this journey, Latteria e Caseificio Moro will be able to seize organic growth opportunities and opportunities to expand abroad.”
Alessio Manigrasso, Partner at Argos Wityu: “Latteria e Caseificio Moro is an extremely well-positioned and very competitive player in its relevant market in North-Eastern Italy. The role of Argos Wityu is to support outstanding companies like Latteria e Caseificio Moro, reinforcing their positioning and strengthening their commercial presence on foreign markets. We are looking forward to proceed side by side with the Moro family in this ambitious path, with all the human and financial resources necessary to establish the company as a benchmark in its sector, both in Italy and abroad.”
Argos Wityu
Coralie Cornet
Head of Communications
ccc@argos.fund
+33 6 14 38 33 37
Noesis
Davide Colapietro
davide.colapietro@noesis.net
+39 338 53 73 927
About Argos Wityu / www.argos.wityu.fund
Argos Wityu is an independent European investment fund that supports companies in the transfer of business ownership. It has assisted more than 80 entrepreneurs, focusing its investment strategy on complex transactions with emphasis on transformation, growth, and close collaboration with management teams. Argos Wityu seeks to acquire majority interests and invest between €10m and €100m with each transaction. With more than €1bn under management and 30 years of experience, Argos Wityu operates from offices in Brussels, Frankfurt, Geneva, Luxembourg, Milan and Paris.
