Investments

Buyout

Sector expertise

We specialize in four sectors that are poised for robust and sustainable growth – Health & Wellness, the Food Value Chain, Technology, and Business Services – where our private equity expertise gives us a valuable competitive advantage. Ardian provides our portfolio companies with a strategic partner that offers in-depth market experience and an extensive network within the sector.

  • 100+

    investments and over 320 build-ups since 1997

Food-Value-Chain

Food Value Chain

The global market for food ingredients and additives is undergoing significant transformation, driven by population growth and the expansion of both premium products and discounters. This has led to a rising demand for natural, sustainable, functional, healthy, and environmentally-friendly solutions, reshaping the way companies in the sector operate. Ardian brings over two decades of successful investment in the Food Value Chain, supported by a strong ecosystem of partners and senior advisers. Our portfolio includes producers of bakery products, clean-label specialty ingredients, equipment manufacturers, and natural fruit and plant-based additives.

  • €2.5bn

    invested since inception, 18 transactions

Held / Exited
  • IRCA logo Buyout
    Buyout

    IRCA

    Italy

    Industrials

    Exited

    Industrials

    Founded in 1919 by Nobili family, IRCA is a leading Italian and European B2B manufacturer of semi-finished products for the pastry, bakery and horeca market. Thanks to their portfolio products, it is composed by more than 700 SKUs offered to industrial clients, internal bakeries of hypermarkets and pastry and bakery shops. The range of IRCA's products includes any basic ingredients, from powder products to chocolate through creams and jams. In 2014, IRCA entered into the ice-cream ingredient market through the brand Joy Gelato developing more than 200 references.
    The Group operates with three state of the art production sites located close to Varese (Lombardy) with about 250 employees recording a turnover of more than €200 million.

    Deal team

We appreciate Ardian’s unique support on our growth path that helped us very much to become market leader and position us ideally for future growth.”

Daniel Schustermann Managing Director of Schustermann & Borenstein