Business

‘Bright Future’ For Della Toffola Pacific

By Thursday 10 September 2020No Comments

European investment company Investindustrial has signed an agreement to buy a majority stake in Della Toffola, a leading designer and manufacturer of machinery and automated lines for the wine and beverage industry.

The brothers Vittorio, Francesco and Luciano Della Toffola, who are the current sole shareholders, will remain minority shareholders with 26.5 percent of the share capital and will partner with Investindustrial, which will hold 73.5 percent.

Paul Baggio, managing director of Della Toffola Pacific, a subsidiary of Della Toffola, says the future for the company is bright following the acquisition.

“It is now 20 years since my personal journey started with Della Toffola, a somewhat smaller part of the path set by patriarch Giacomo Della Toffola back in 1958,” Paul says.

“Certainly, much has changed in the global wine industry since those humble beginnings in Treviso, Italy, and the trajectory ever since has been bold and ferocious.

“It is fitting that the second-generation patriarchs, now aged in their mid 70s to early 80s, take the ambitious step to partner with one of Europe’s most dynamic private investment groups, InvestIndustrial.

“The news that InvestIndustrial has put its significant financial muscle towards partnering with Della Toffola sets the stage for a new period of growth and development at Della Toffola and for its subsidiary businesses such as Della Toffola Pacific.

“The strategic focus that InvestIndustrial has displayed over the years, specifically targeting engineering and quality food and beverage equipment manufacturers, provides the line of sight in support of the recent commentary made by Mr Andrea Bonomi, president of the advisory board at InvestIndustrial, that significant plans towards further strengthening the Della Toffola Group’s already dominant market share, and supporting the expansion of its position into existing and new sectors abroad will be the underlying focus for their investment.

“The engineering expertise, along with much that currently is employed in respects to the business development leadership driven by the third generation Della Toffola family remains in place, as most certainly will be my personal significant equity position in Della Toffola Pacific.”

Paul says the expansion over the past 20 years for Della Toffola Pacific into the wine and beverage, processing and packaging space, be it in Australia and New Zealand, has been from its own simple beginnings, an exciting and well-deserved story of success.

“We are excited by this latest development,” he says. “It brings the opportunity of greater resources and a strategic partner well versed in navigating new levels of business development and expansion.

“The future is bright for Della Toffola Pacific.

“The 2020-2021 year is already well placed with many exciting new projects in build and on track for installation into the Australian and New Zealand markets. The design and construction of a new larger scaled winery for Tasmania by one of Australia’s most iconic winemakers, along with investment into new processing technologies for each the Australian and turnkey winery developments for Marlborough, are just some of the exciting projects the team at Della Toffola Pacific are currently leading.”

Andrea C. Bonomi, president of the Industrial Advisory Board of Investindustrial, says, “Della Toffola has a strong sectoral leadership position due to the development of its cutting-edge technologies and an internationalisation process carried out with a number of acquisitions.

“Della Toffola is the typical high-quality company in which Investindustrial invests,with significant plans to further strenghten the group’s market share in the verticals currently served, the continuation of its international expansion and the entrance in new sectors.”

Della Toffola is headquartered in Trevignano (Treviso), operates eight production plants (of which seven are in Italy) and nine commercial branches in the most renowned global wine regions such as France, Spain, UK, Romania, USA, Australia, Argentina, Chile and Mexico.

Della Toffola has 600 employees, and its products are distributed throughout the world, with about 77 percent of sales achieved internationally. The group turned over 144 million Euros in 2019.

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