Portobello Capital is pleased to announce it has reached an agreement with dalli-group for the acquisition (subject to customary regulatory conditions) of Farmol, one of Europe's leading contract manufacturing organisations for the Beauty & Personal Care, Home Care and Pharma industries.

Since partnering with Farmol in 2021, Portobello worked alongside its management team to accelerate growth and further reinforce its position as a trusted partner to leading global FMCG companies. During Portobello’s ownership, the business grew revenues organically from €115m to approximately €250m, broadened its customer base with the addition of several new logos, and further diversified its technological and manufacturing capabilities increasing its exposure to the beauty and pharma categories.

This transaction represents an important milestone for Portobello as the first successful exit in Italy, validating the international expansion strategy launched in 2020 and proving its ability to generate attractive returns for its investors across Southern Europe.

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