Food

Anemos acquires Terre di Puglia and is setting up its Italia savoury snacks hub

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Anemos Private Investments is entering the food market and has chosen taralli as its starting point for building a new Italian hub for savoury snacks. The holding company has acquired a majority stake in Terre di Puglia, a company founded in Andria in 2003 by Nicola Visaggio. The entrepreneur will retain a significant stake and will continue to lead the company.

The aim of the operation is not merely to increase production; Anemos and Visaggio want to transform Terre di Puglia into a platform capable of bringing together other producers, particularly businesses linked to the Apulian food tradition. The project focuses on organic growth and acquisitions.

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Anemos’s debut

This is the holding company’s first private equity investment since its foundation in early 2024. Anemos is self-funded and forms part of Samhita, Paolo Basilico’s family office; it invests in small and medium-sized Italian businesses with the aim of supporting them over the long term, without the stricter timeframes of traditional funds.

“We are deeply proud to announce our investment in Terre di Puglia, as this transaction embodies our vision and investment philosophy,” says Martina Di Gioia, managing director of Anemos. The holding company, she continues, believes “strongly in the resilience and future growth of the Italian food sector, as well as in the global recognition of ‘Made in Italy’.”

The Factory for Growth

Terre di Puglia is already preparing to scale up its operations: a new plant in Andria, designed to triple production capacity and improve process efficiency, is nearing completion.

The factory will form the physical foundation of the new plan. The next step will be to expand the company’s operations. According to Pietro Basilico, investment manager at Anemos, the aim is to “consolidate international market leadership, whilst keeping the product’s roots and authenticity intact”.

The strategy is one of ‘buy-and-build’: acquiring an initial company, strengthening it and using it as a platform to integrate other firms in the same sector. The aim is to capitalise on the Italian market for baked goods and snacks which, according to Anemos, remains highly fragmented, with numerous small and medium-sized producers: Terre di Puglia is therefore aiming to become one of the key consolidators in the sector.

A platform for the supply chain

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Visaggio will remain chief executive. Michele Zagaria and Massimo Sadino, two of the company’s key managers, will also retain a stake and continue to work on the project.

“Terre di Puglia has achieved strong growth in recent years,” explains Visaggio. The arrival of Anemos, he continues, will provide the company with “the financial resources and the network needed to accelerate our business plan and, at the same time, to position ourselves as a hub for the region, offering development opportunities to the entire Apulian agri-food sector”.

Amundi Sgr is also involved in the transaction; through the Amundi AgrItaly III fund, it has contributed to the financing and acquired a minority stake in Terre di Puglia. Intesa Sanpaolo has financed the acquisition and is the lead arranger for the syndicate.

The challenge now is to make the transition from a specialist manufacturer to a broader group, without losing the identity and recognisability of the brand and its flagship product: the tarallo.

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