La Sanfermese acquires Organa to consolidate its international growth and enhance its vertical integration
Piubega, 25 November 2021
La Sanfermese (LSF) is pleased to announce that today it has acquired the majority stake of Organa d.o.o., a Slovenian company engaged in the production of a wide range of organic plant-based products including tofu, seitan, vegan burgers and spreads, among others.
Davide Salvatore, president of LSF and CEO of Orange Capital Development – investment fund that acquired LSF in September 2020 – commented: “The acquisition of Organa is the first step of LSF’s strategy aimed at expanding internationally and vertically integrating its operations. With Organa, LSF has expanded its footprint in North and Eastern Europe as well as being involved in all steps of the supply chain (from the seeds and technical means it supplies to the growers to the final packed product sold to the final customer). Today LSF has full control over the products’ DNA by ensuing quality, sustainability and reliability. The access to the final product grants LSF the possibility to test and expand the applications of its innovative plant-based organic food ingredients for the benefit of its long-standing and prospective customers”.
Jernej Pulko, founder and CEO of Organa – who will remain in the company as a minority shareholder – commented: “Since the start of Organa in 2016, the company has grown significantly and has built a solid base for a further step up. By having LSF as partner, Organa will be able to have a direct access to sustainable, traceable and organic key ingredients and unlock its growth potential by quickly increasing production capacity and better serve its customers with a wider product range”.