D’Orsogna Sweet Ingredients minority stake sold by Simest to D’Orsogna Dolciaria

D’Orsogna Dolciaria, a manufacturer of dessert and ice cream toppings owned by Swiss confectionary group Barry Callebaut, has acquired the minority stake held in India-based D’Orsogna Sweet Ingredients (specialized in the production of meringues and other sweet ingredients) from investment firm Simest, the Italian state-owned venture capital firm focused on growing Italian companies abroad.

The advisors

D’Orsogna Dolciaria was advised Gianni, Origoni, Grippo, Cappelli & Partners. The team was coordinated by Alfredo D’Aniello (pictured left).

Simest was advised by Chiomenti. The team included Andrea Sacco Ginevri (pictured right). Simest in-house legal team worked with Chiomenti and followed the transaction with chief legal officier Marco Bellocci, senior legal counsel Francesco Costa and legal counsel Domenico Pagliuca.