IDeA AGRO invests in honey

IDeA Agro, the first private equity fund in Italy entirely dedicated to investments in agribusiness and agricultural development projects, managed by DeA Capital Alternative Funds SGR, has acquired a majority stake equal to 85% in Apicultura Vangelisti S.r.l. , a leading company in the processing and marketing of honey, owned by the Vangelisti family.

Founded in 1929 by Pietro Vangelisti, Apicultura Vangelisti S.r.l. is based in Stia (Arezzo) and it is a family business specialized in the processing and marketing of honey for the confectionery, pharmaceutical and food industries and for large-scale distribution, mainly active in the Italian market. The company’s product catalog is very extensive, with sales both under its own brand (premium positioning) and as a private label.