Alto Partners has sold its majority stake in Italian food products manufacturer Ro Mar to industrial group Morato Pane, which specialises in the production and distribution of special bread and bread substitutes.
Fund has made four platform investments and backs European digital and technology-based companies
Toni Gillespie joins as chief of talent, while Elisabetta Ricci joins as chief of staff
GP backed the business – then called Ryds Bilglas – via Nordic Capital VIII in 2018
Auction of the Italian producer of natural flavours and ingredients is expected to launch in early 2022