Nexture Acquires Frulact to Strengthen Global Position in Fruit and Vegetable-Based Ingredients

Nexture S.p.A., a global integrated group specialising in the development and manufacturing of high-quality food ingredients and value-added solutions, has announced the acquisition of Oferta Genuína S.A. (Frulact), a leading producer of fruit- and vegetable-based specialty ingredients, liquid flavours, and plant-based components for applications in dairy, desserts, ice cream, and beverages.

Nexture, which is affiliated with Investindustrial VII L.P., said the agreement supports its strategy to grow its value-added ingredients portfolio and expand its global presence in the fruit preparations segment. Frulact, headquartered in Porto (Portugal), operates 11 production plants and 9 R&D centres worldwide, employs over 850 people, and generates annual revenues of about EUR265m.

The deal builds on Nexture’s expertise in fruit preparations, which currently includes plants in Pedrengo (Italy) and Goes (the Netherlands), and marks a significant milestone in the group’s expansion strategy.

“This acquisition represents a natural evolution of our growth strategy and reinforces our commitment to delivering exceptional value to our customers,” said Gabriele Del Torchio, Chief Executive Officer of Nexture. “By combining Frulact’s specialised expertise and innovation capabilities in natural ingredient solutions with our established market presence and operational excellence, we are uniquely positioned to capture emerging opportunities and accelerate our value creation journey.”

All members of Frulact’s leadership team, led by CEO Dinorah Mandic, will remain in their roles and join the Nexture Group. Mandic said: “We are excited to join Nexture as we share a common vision of excellence and a commitment to sustainable, responsible business practices. This new chapter will provide us with greater resources and scale to accelerate innovation, expand our geographic reach, and deliver even greater value to customers.”

The acquisition further strengthens Nexture’s reach in North America and Africa and aligns with its buy-and-build growth strategy supported by Investindustrial’s Value-Creation Advisory Team. Following the transaction, Nexture’s estimated annual revenues will reach around EUR1.1bn, with operations spanning 24 factories and 20 R&D centres worldwide.

Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected in the first quarter of 2026.