Direct Funds

Taste of Italy 2 (2020)

Fund classified under art. 8 of the SFDR. Second fund dedicated to the food & beverage sector in Italy and Spain

Demetra


Sector: Agricultural machinery
Vintage: 2023
Status: In Portfolio
Country: Italy
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Description

Demetra was created in 2018 from the merger between Agrimaster and Breviagri, two historic Italian agricultural machinery producers operating (since 1984 and 1949 respectively) under their namesake brands. Under the Agrimaster brand, the company produces mulchers and mechanical arms for agricultural greenery maintenance; under the Breviagri brand, the company produces harrows, tillers and cultivators for soil preparation. The company operates two plants based in Italy, respectively in Molinella (BO) and Nogara (VR). In recent years, Demetra has seen growth in both the domestic and international markets, establishing itself as a leader in the soil preparation and maintenance segment, with a strong market position in France, Italy and Germany and a presence in more than 80 countries. In October 2022, Demetra acquired the Danish company Dalbo A/S, which was founded in 1948 and specialises in the production of rollers and seedbed cultivators. Dalbo has a significant market presence in the United Kingdom, France, Germany and the Scandinavian Peninsula. The company operates a factory near Billund in Southern Denmark and has commercial branches in the UK and France. The Group currently has a turnover of more than EUR 60 million, of which more than 80% is generated in foreign markets.



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