Transaction

Clearwater advises the shareholders of Saveurs & Nature on its sale to Rigoni di Asiago

Transaction

Saveurs & Nature sold to Rigoni di Asiago

Sell-side

Undisclosed

Role

Adviser to the shareholders of Saveurs & Nature on its sale to Rigoni di Asiago

Sector

Consumer

Region

France & Belgium

Clearwater has advised the shareholders of Saveurs & Nature, an organic chocolatier on its sale to the Italian manufacturer Rigoni di Asiago.

Founded in 2001 by a family of organic farmers, the company Saveurs & Nature was born in Saint-Herblain in Vendée, France, with the purpose of creating organic chocolates to accompany gourmet coffee dessert. Over the years, their fine products have become well-known in specialised organic stores. Located in the town of Saint-Sulpice-le-Verdon, the company employs 70 professionals, including 32 chocolate makers.

Rigoni di Asiago, the parent company of the famous Nocciolata, Fiordifrutta and Mielbio brands, has been creating and distributing healthy products with organic ingredients since 1923, which have become popular worldwide.

Today, France is Rigoni di Asiago's main export market, where its palm oil-free spread Nocciolata has become the first in organic, and second-largest player in the market as a brand for consumers looking for tasty, natural and environmentally friendly products.

By integrating Saveurs & Nature into its company, Rigoni di Asiago is strengthening its position in the French organic world. The ambition is to continue to help Saveurs & Nature to grow in specialised distribution in France and abroad, and to combine the respective know-how of the two entities to accelerate innovation, in which the production site in Montréverd will become the centre of excellence for the development of organic chocolate.

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When I met Jean-Michel Mortreau, I was struck by the similarity of our entrepreneurial backgrounds and by the consistency of Saveurs & Nature's DNA with our vision, which is to create a better world by offering consumers delicious organic products that are good for people and good for nature. We want to build a strong and trusting relationship with the employees of Saveurs & Nature to create a great working team in a family atmosphere, as we have always done at Rigoni di Asiago.

Andrea Rigoni, Chairman & CEO, Rigoni di Asiago
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The sale is a well-considered decision, and we want it to be completed in the interest of the company and its employees. I have clear criteria, as I want to transfer Saveurs & Nature to a family-owned business that shares our values and already has expertise in processing organic products. Thanks to Andrea Rigoni, I have discovered a company whose size and complementary products and skills offer magnificent prospects for the Saveurs & Nature teams.

Jean-Michel Mortreau, Chairman & CEO, Saveurs & Nature

Clearwater was honoured to accompany Jean-Michel and Valerie Mortreau in this transaction, which marks a lifetime of hard work. The alliance with the Rigoni Group is a fantastic opportunity for these two European organic operators who share the same family DNA and values. The new group constitutes a leading player in organic products, combining tradition and innovation while respecting supply chain and the environment.

Clearwater

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