La Doria acquires Clas, Italian producer of sauces and pestos.

La Doria signed an agreement with Luxembourg-based Equinox and Comiter, for the acquisition of 100% of Clas S.p.A, a leading producer of sauces and pestos.
 
Clas was founded in 1989 in Italy. In 2023, the company generated a turnover of over Euro 75 million. Its portfolio consists of pesto sauces (for nearly 90% of their revenue), ready-made pasta sauces and various condiments. Their production site in located in Chiusanico (Imperia) and employs close to 150 people. The company is present mainly in Germany, France and the United Kingdom. International sales represent around 90% of the total sales. They produced approximately 90 million jars in 2023.

Antonio Ferraioli, CEO and Chairperson of the La Doria Group, comments: “We are delighted to announce the acquisition of Clas. This transaction represents a significant milestone in our strategy to expand into synergistic sectors that are strategic for our growth. The transaction will enable us to further advance our offering towards products with higher added value and service content. Clas also embodies La Doria’s core values by blending tradition with innovation and placing customer focus, quality and sustainability at the heart of our work. We are therefore confident that the acquisition will enable the La Doria Group to lay solid foundations for further expansion in the private label ambient pesto market and in the co-packing sector.”

The market for ready-made sauces is experiencing significant growth, both in Italy and abroad. This addition will allow La Doria to further expand its presence in this sector, which saw a 26.2% year-on-year sales growth in 2023.

Sources: gruppoladoria, efa