Houlihan Lokey Advises Preziosi Food

Houlihan Lokey is pleased to announce the sale of Preziosi Food (Preziosi) to Foster Clark Products (FCP). The transaction closed on 31 July 2025.

Established in 1999 under the brand Mitica S.r.l. and currently headquartered in Melfi, Italy, Preziosi is a leading Italian manufacturer of branded and private label chips and savory snacks. Over the years, Preziosi has consolidated a leadership position in the savory snack segment, establishing itself as a strategic partner for major retailers.

FCP, part of Francis Busuttil & Sons Ltd., is an established player in the food industry. Headquartered in Malta, FCP owns the Foster Clark’s brand, which is widely recognized for its high-quality and diverse range of products, including powdered beverages, desserts, and baking aids. The group maintains a strong international presence, particularly across the Middle East, Africa, and parts of Asia.

The acquisition marks FCP’s first entry into the Italian market and forms part of the group’s broader external growth strategy aimed at expanding its footprint in Europe. This transaction represents a significant strategic milestone, equipping the FCP with a state-of-the-art industrial platform and a key operational base in Italy across the savory snacks, confectionery, and sweet goods sectors.

Houlihan Lokey acted as the sole financial advisor to all Preziosi shareholders. The transaction further demonstrates Houlihan Lokey’s strength in performing relevant transactions in the Italian market with a strong cross-border angle, particularly in the food sector.

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