At Clessidra, 70% of Citres preserves. In 4 years, turnover rises from 27 to 40 million

Clessidra Private Equity (the Italmobiliare group) acquires 70% of Citres, an Italian specialist in the production of high-quality preserved vegetables.

The Compri family retains 30% and its operational roles

The transaction is being carried out through the Clessidra Capital Partners Green Harvest fund, while ownership, held by the Compri family, will continue to support the investor in the growth of the Veneto-based company, retaining a 30% stake and its operational roles, and ensuring continuity in the next phase of development.

Founded in Vallese, in the province of Verona, in 1958, Citres is now a recognised company in Italy and international markets for the high standard of its products and its ability to innovate its offering, which includes vegetables preserved in oil, pickles, creams, pestos, rice dressings, mushrooms and preserved fish (Mediterranean sprats).

The company headquarters

Citres, 40% of revenue in the USA, Europe and Austalia

In recent years, the company has recorded positive and steady growth, with turnover increasing from 27 million euros in 2021 to approximately 40 million in 2025, of which 40% is generated abroad: the United States, European countries and Australia. The figure for profit, which exceeded 5,2 million euros last year, is also significant.

It is worth remembering that entry into the USA was decisively driven at the beginning of 2025, thanks to a strategic alliance with Aldeka Foods, an important retailer based in Boca Raton, Florida.

The company's development also led to a gradual expansion of production capacity, culminating in the move, in 2007, to the current Bovolone plant (VR), which extends over an area of 30.000 square metres.

A partner for Gdo, a guarantee for the consumer

Citres is a key partner for the leading Gdo brands and its brand enjoys strong appreciation among consumers, consolidated over time thanks to the quality and breadth of its range. It also has a 'professional' division.

The company's continued acceleration has been accompanied by significant work to optimise production processes, control the supply chain and increasingly systematically integrate ESG issues into its strategies.

In this process, attention to quality and food safety also plays a central role, as demonstrated by the certifications Brc Global Standard, Ifs and Bio.

The Clessidra group's objective is now to further accelerate Citres's virtuous growth path by expanding production capacity, strengthening its presence in foreign markets and maintaining constant focus on the sustainability aspects of the entire supply chain.

The transaction was financed by Banco Bpm, acting as agent bank, and by Bnl.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.