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New established holiding company, Nexture, has officially launched today, marking a significant development in the food ingredients sector.

The company is the result of a partnership between CSM Ingredients Group and Italcanditi Group, both of which are indirectly owned by Investindustrial. Alongside its debut, Nexture announced the pricing of €425 million in Senior Secured Floating Rate Notes due 2032.

Nexture aims to position itself as a leader in the innovation and production of high-quality, value-added food ingredients. With combined sales exceeding €800 million, the new entity consolidates the industrial and technological expertise of its founding companies, creating an integrated platform designed to enhance operational efficiency and market responsiveness.

The formation of Nexture reflects a strategic vision initiated in 2022 to build a cohesive ecosystem of complementary companies within the food ingredients industry. The holding company will operate from its headquarters in Milan, which is seen as both a strategic and symbolic move to align with Italy’s entrepreneurial ambitions.

Gabriele Del Torchio, CEO of Nexture, said: “Thanks to a single centralised engine for innovation, investment and development, we aim to harness both the complementarity and the diversity of the companies that comprise Nexture”. He noted the importance of a global growth strategy, highlighting plans to expand operations in key markets including the US, China and the MENA region.

Nexture's platform includes notable brands such as CSM Ingredients, specialising in bakery and fine pastry ingredients; HiFood, focused on clean label ingredients; and Vitalfood by Italcanditi, known for fruit-based preparations. Additionally, Comprital and Prodotti Rubicone are recognised for their artisanal gelato products, which feature innovative formulations catering to evolving consumer trends.

The successful pricing of the €425 million bond offering, which was conducted in conjunction with the company’s formation, will fund various strategic initiatives. The notes will be issued at a price of 99.000%, bearing interest at a rate equal to three-month EURIBOR plus 4.00% per annum, with settlement expected on July 24 2025.

The proceeds from the bond offering will be utilised primarily to repay existing debts of the CSM Ingredients Group and Italcanditi Group, as well as for general corporate purposes and transaction-related expenses. This financial maneuver is designed to streamline operations and position Nexture for future growth.

Investindustrial, the investment firm behind Nexture, aims to leverage its international experience to facilitate the global expansion of the company while maintaining a strong Italian identity.

Andrea C Bonomi, Chairman of the Industrial Advisory Board of Investindustrial, noted the significance of relocating the headquarters to Italy: “Nexture is a prime example of our commitment to revitalising Italy’s entrepreneurial landscape while supporting companies in their globalisation efforts”.

Nexture’s establishment and bond issuance underscore the growing demand for innovative food ingredient solutions in a competitive market. By combining technological advancements with industrial heritage, Nexture seeks to become a benchmark for quality and sustainability in the food industry, catering to diverse customer needs across more than 120 countries.