Perwyn makes strategic investment in Italian food company Crosta & Mollica

European private equity investor Perwyn has made a strategic investment in Crosta & Mollica, a B-Corp certified branded grocery business focused on Italian food, in partnership with the company’s founder James Orr.

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Perwyn will support the business as it continues its international expansion. On closing, Orr and the existing management team will be joined by David Milner, a experienced food executive who arrives as Chairman having held leadership positions at Tyrrells, Lily’s Kitchen and St Pierre.

Perwyn were advised by Gowling WLG (legal), Spayne Lindsay (corporate finance), EY (financial & tax), OC&C (commercial) and Deloitte (structuring). Crosta & Mollica were advised by Piper Sandler (corporate finance), Joelson (legal) and Eight Advisory (financial & tax).

Source: Private Equity Wire

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