Apheon Acquires Majority Stake in Salpa

ITALY – Apheon acquired a majority stake in Salpa, a Perugia, Italy-based company which specializes in the production of food ingredients for the industrial ice cream, dairy and confectionary sectors, from the Cherubini family and Equinox, an Italian private equity investor.

With this partnership, companies look forward to entering new markets, continuing to grow, innovating and reaching new heights. Founded in 1934 by the Cherubini family and headquartered near Perugia, Italy, Salpa is specialized in the production of cookie-based ingredients and inclusions for the industrial ice cream, dairy and confectionary sectors. The company employs more than 250 people across its three wholly-owned production facilities in Italy, managing all production activities internally, in factories which are equipped with the latest technologies, ensuring the highest production standards over the past few decades. Since its founding ~90 years ago, Salpa has served a loyal customer base of blue-chip large multinationals and national champions.The Cherubini family and management, reinvested into the company with a sizeable minority stake, remaining fully committed in this next phase of development. Several members of the Cherubini family will continue to hold their roles in the company, and together with the current management team, will lead the envisaged expansion plan alongside Apheon.22/12/2023