Livingstone acted as exclusive financial advisor to the Rigoni family in the minority investment of Kharis Capital (”Kharis”) in Rigoni di Asiago S.r.l. (”Rigoni di Asiago”). Kharis is a pan-European investment firm with deep expertise in the branded consumer goods and organic food sectors. The Rigoni family, custodians of the company for nearly a century, selected Kharis as their long-term partner to support the next phase of international growth and innovation. The transaction also included a capital increase aimed at accelerating Rigoni’s global development.
Founded in Asiago and now managed by the third generation, Rigoni di Asiago is Italy’s leading producer of organic jams (brand Fiordifrutta) and a major player in the spreadable creams (Nocciolata) and honey (Mielbio) segments. All products are made exclusively from certified organic ingredients, some of which are cultivated on the company’s own farms. In 2017, the group recorded consolidated revenues of over € 120 million.
Kharis Capital, based in Brussels, is a long-term investor specializing in the B2C sector, with a particular focus on companies aligned with health-conscious and sustainable consumption trends. The firm’s investment philosophy centers on partnership, continuity, and long-term value creation.
Prior to this transaction, Fondo Italiano di Investimento had supported the company’s expansion, contributing to strategic investments in production capacity and vertical integration – particularly through operations in Bulgaria.
“It has been an honour to support the Rigoni family in identifying the right partner for this important transition,” said Luca Maccagnani Castelli, Managing Partner at Livingstone. “Kharis Capital’s strong track record and shared values make them the ideal investor to guide Rigoni into its next phase of international growth.”
Daniel Grossmann, Managing Partner, Kharis Capital, added: “We have known the Rigoni family for many years and we look forward to working closely together to further develop the company and continue to satisfy its customers around the world. Rigoni di Asiago contributes with the quality, taste and authenticity of its products and with its values deeply rooted in organic farming to making the world a better place, spoon after spoon.”
This transaction underscores Livingstone’s expertise in advising founder-led businesses and reinforces its position as a trusted advisor in the European food and Food sector.
