Noberasco S.p.A. Company Profile

Background

Overview

Noberasco S.p.A., established in 1908 by Benedetto Noberasco in Albenga, Italy, has evolved into Italy's leading company in the dried and dehydrated fruit sector. The company specializes in the processing, packaging, and distribution of a wide range of dried fruits and nuts, emphasizing quality and innovation. With over a century of experience, Noberasco has become synonymous with Italian excellence in the dried fruit industry.

Mission and Vision

Noberasco's mission is to enable the consumption of fruit far from the moment it is harvested, without compromising its nutritional value, focusing on innovation and building the best relationship with customers and end consumers. The company's vision is to be an international leader in the dried and soft fruit market, recognized as a symbol of global excellence, while maintaining strong ties to its Ligurian roots.

Industry Significance

As a market leader in Italy, Noberasco holds a 45% market share in the bio dry and dried fruit segment and a 46% share in the fruit bars segment. The company exports its products to over 30 countries, including France, and is recognized for its commitment to quality and innovation.

Key Strategic Focus

Core Objectives

Noberasco aims to expand its presence in international markets, enhance product innovation, and strengthen its commitment to sustainability and quality. The company focuses on diversifying its product range to meet evolving consumer preferences and increasing its market share in both domestic and international markets.

Areas of Specialization

The company specializes in dried and dehydrated fruits, including almonds, walnuts, hazelnuts, pistachios, and pine nuts. Noberasco also offers fruit bars and other healthy snack options, catering to health-conscious consumers.

Key Technologies Utilized

Noberasco employs state-of-the-art production facilities, including its Carcare plant, which is one of the most advanced in the world, featuring high levels of automation in both logistics and production. The company also utilizes cutting-edge technologies to ensure product quality and sustainability.

Primary Markets

Noberasco's primary markets include Italy, where it holds a dominant position, and various international markets, particularly in Europe. The company has established a strong presence in countries such as France and Germany, exporting its products to over 30 countries worldwide.

Financials and Funding

Funding History

In August 2022, Noberasco received financial support from the "illimity Credit & Corporate Turnaround" (iCCT) fund managed by illimity SGR. This support included a minority stake in the company's capital, new financing, and debt renegotiation, aimed at strengthening Noberasco's position in the dried and dehydrated fruit sector.

Recent Funding Rounds

The partnership with the iCCT fund in August 2022 marked a significant development in Noberasco's financial strategy, providing the company with the necessary resources to implement its industrial plan and strategic initiatives.

Notable Investors

The iCCT fund, managed by illimity SGR, is a notable investor that has supported Noberasco's growth and strategic initiatives.

Utilization of Capital

The capital obtained through this partnership is intended to support Noberasco's industrial plan, focusing on sustainability, expansion of sales channels, including Horeca and out-of-home consumption, and product innovation to meet the needs of modern consumers.

Pipeline Development

Key Pipeline Candidates

Noberasco continues to innovate by expanding its product range to include new offerings such as fruit bars and other healthy snacks, catering to the growing demand for convenient and nutritious options.

Stages of Development

The company is in the process of developing and launching new products, focusing on enhancing its existing product lines and introducing new items to meet consumer preferences.

Target Conditions

Noberasco's product development targets health-conscious consumers seeking nutritious and convenient snack options.

Anticipated Milestones

The company anticipates achieving significant milestones in product innovation and market expansion, aiming to strengthen its position in both domestic and international markets.

Technological Platform and Innovation

Proprietary Technologies

Noberasco utilizes advanced production facilities, including its Carcare plant, which is one of the most advanced in the world, featuring high levels of automation in both logistics and production.

Significant Scientific Methods

The company employs cutting-edge technologies to ensure product quality and sustainability, focusing on innovation to meet evolving consumer preferences.

Leadership Team

Executive Profiles

Flavio Ferretti: CEO of Noberasco, leading the company's strategic initiatives and overseeing operations.

Mattia Noberasco: CEO, focusing on innovation and building strong relationships with customers and consumers.

Gabriele Noberasco: President, involved in strategic decision-making and company leadership.

Market Insights and Competitive Landscape

The dried fruit and nuts market is characterized by increasing consumer demand for healthy and convenient snack options. Noberasco's focus on quality, innovation, and sustainability positions it well to capitalize on these market trends. It faces competition from both domestic and international companies in the dried fruit and nuts sector, but its commitment to quality, innovation, and sustainability differentiates it in the competitive landscape.

Strategic Collaborations and Partnerships

In August 2022, Noberasco partnered with the "illimity Credit & Corporate Turnaround" (iCCT) fund managed by illimity SGR, securing financial support to strengthen its market position. The partnership aims to support Noberasco's industrial plan, focusing on sustainability, expanding sales channels, and product innovation to meet modern consumer needs.

Operational Insights and Strategic Considerations

Noberasco's strategic focus on quality, innovation, and sustainability enables it to maintain a strong market position and competitive advantages in the dried fruit and nuts sector.

Strategic Opportunities and Future Directions

Noberasco plans to continue expanding its product range, focusing on healthy and convenient snack options, and strengthen its presence in both domestic and international markets. The company also aims to enhance its digital presence and e-commerce capabilities to reach a broader consumer base and invest in sustainable sourcing practices to meet evolving consumer preferences.