Vitale advised Xenon and the minority shareholders in the signing of a binding agreement for the sale of Solana S.p.A. ("Solana", together with its subsidiaries the "Solana Group" or the "Group") to La Doria S.p.A. ("La Doria"), a portfolio company of Investindustrial.

Founded in 2001 by a group of entrepreneurs led by Antonio Casana, who continues to serve as CEO of the Group, Solana Group is a leading Italian producer of 100% made-in-Italy B2B tomato semifinished products for industrial clients and the foodservice industry, as well as other vegetable-based semifinished products, including fruit, basil and squash. 
After being acquired from Xenon in 2024, Solana pursued an inorganic growth strategy: in 2024 it entered the fruit and vegetable semifinished products segment through the acquisition of Suncan S.p.A. (Piacenza), and in 2025 expanded its presence to Central Italy with the acquisition of Desco S.p.A. (Latina).

The transaction represents a significant opportunity for La Doria to strengthen its position in the tomato processing segment, expand its production and sourcing network across Northern and Central Italy, and gain access to a diversified, high-profile industrial client base, with further cross-selling opportunities in the foodservice channel.

Vitale acted as financial advisor to Xenon and the minority shareholders, providing support in transaction structuring, negotiation and due diligence coordination.

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