Next Advisor, led by Paolo Ragazzi, acted as exclusive Advisor di Cerreto S.r.l., leading company in the world of organic products and foods, in the acquisition of a stake in Materland S.r.l., a historical Sicilian company specialized in the production and commercialization of legumes and dried fruits products. The transaction establishes the acquisition of 20% and an irrevocable option to reach 60% within the next 12 months.

«The acquisition of Materland…» states Mattia Cardazzi, CEO of Cerreto «…is fully in line with Cerreto’s development plan for the coming years. Specifically, this first acquisition allows us to enter currently unattended markets, such as dried fruits and special legumes pastas, as well as allowing us, through the historical brand Terravecchia, to enter the traditional products’ market, affirming Cerreto as expression of the Organic world. Materland, moreover…», Cardazzi continues, «…already represents production excellence, boasting, for many products, a totally Sicilian integrated supply chain that, in the future, should involve almost all the marketed products».

 Cerreto S.r.l., headquartered in Gattatico (Reggio Emilia), has been operating in the organic food market for over thirty years, offering a wide range of top-quality organic products. Over the years, Cerreto has established itself as one of the most important and complete agrifood chains with an ever-increasing sensitivity to eco-sustainability in agriculture. Since 2015, Cerreto has become part of the Group Fratelli Pagani S.p.A., an Italian family company that has been producing and marketing exclusive flavorings and ingredients for the food industry for over a hundred years and five generations.

Materland S.r.l., established in Sicily in the 1950s by the Terravecchia family, is active in the selection, production, packaging and distribution of a wide range of legume and dried fruit products. In recent years, the company has established important supply chain relations with leading Sicilian farmers to follow the products from sowing to harvesting, always with a particular focus and attention to the organic world. Today it is present on the market with the Terravecchia brand.