La Doria completes the acquisition of Feger’s business, further strengthening its leadership in tomato derivatives, ready-to-use sauces and pulses

Angri (SA), 11 July 2025 – La Doria – a leading European supplier of Italian specialty shelf-stable private label products, including, among others, tomato-based products, ready-to-use sauces and canned pulses – announces the completion, finalized yesterday, of 100% of the share capital of Fegé S.r.l. and Fegé Logistica S.r.l., two companies established as part of a partial and proportional demerger of Feger di Gerardo Ferraioli S.p.A. (“Feger”) and Sapori del Sole S.r.l. (“Sapori del Sole”), to which the respective business units were contributed.

The transaction, completed according to the expected timeline, involved the acquisition of the business units of Feger and Sapori del Sole, active respectively in the production of tomato derivatives, pulses and ready-to-use sauces, as well as related logistics operations.

Based in Angri (SA), in close proximity to La Doria’s main facility, prior to the acquisition of its business unit by La Doria, Feger generated revenues of approximately Euro 83 million in 2024, 47% of which derived from international markets, including Germany, Japan and Australia.
Feger’s product portfolio consisted of 61% tomato-based products, 27% pulses, 10% ready-to-use sauces and 2% other products. The company has a strong private label orientation, with more than 90% of 2024 revenues deriving from this segment and a well-established customer base among leading large-scale retail chains.

Antonio Ferraioli, Chairman and CEO of La Doria, commented: “The closing of this transaction marks an important step in our growth journey. By integrating Feger’s business, we further consolidate our leadership in tomato derivatives and pulses, enhance the Group’s production capacity, and strengthen our ability to respond to international market challenges with greater efficiency and flexibility. The transaction also allows us to broaden our organic product offering, in line with consumer demand and global trends in the food sector.”

Over the coming months, Feger’s former shareholders will work alongside La Doria’s management team in overseeing the upcoming tomato processing campaign, ensuring a smooth transition and continuity in production operations.

La Doria was assisted by KPMG Advisory S.p.A. for financial and accounting due diligence, by Chiomenti Law Firm for legal matters, and by Vitale&Co as financial advisor.
The sellers were advised by Houlihan Lokey as financial advisor and by Studio Zingaropoli-Cerrato for legal matters.

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La Doria Group

The La Doria Group is a leading European supplier of Italian speciality shelf-stable private label products, including, amongst others, tomatoes, ready-to-use sauces and canned pulses. The revenues of the La Doria Group in 2023 totaled

Euro 1.228 billion, 95.6% of which were generated from its private label product offering with major domestic and international retailers. In 2024, La Doria started direct production of dry pasta, having previously only engaged in commercial production.

www.gruppoladoria.it

For further information:

La Doria Press Office

Patrizia Lepere, Corporate Affairs & Communication

Manager Tel: +39 081 5166260 – Mob: +39 3409673931

Ad Hoc Communication Advisors

Giorgio Zambeletti – e-mail: giorgio.zambeletti@ahca.it

Ivan Barbieri – Mob: +39 3351415581 – e-mail: ivan.barbieri@ahca.it

Sara Mastrorocco – Mob: +39 3351415590 – e-mail: sara.mastrorocco@ahca.it

Maria Lucia Boi – Mob: +39 3426523390 – e-mail: marialucia.boi@ahca.it

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This press release concerns the disclosure of information that qualifies or could qualify as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

This press release is not intended and does not constitute an offer to sell or a solicitation of an offer to buy, or an invitation to

buy securities in any jurisdiction.

The information contained in this release may contain forward-looking statements. These statements involve subjective judgment and analysis and are based on the La Doria Group’s best judgment as of the date of this document. Such statements are subject to change without notice and are based on a number of assumptions and involve known and unknown risks and uncertainties, as there are a number of factors that may cause actual events and developments to differ materially from any future events and developments expressed or implied by such forward-looking statements. No reliance should therefore be placed on such forward-looking statements. Neither La Doria Group nor any other person undertakes, or has any obligation, to update these forward-looking statements on the basis of events or circumstances occurring after the date of this press release or to update or keep updated the information contained herein, and this press release does not constitute a representation by the La Doria Group or any other person, except to the extent required by law.