
Drogheria & Alimentari Spa
Italian producer of spices, herbs, and seasonings.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
EUR | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (2 %) | (1 %) | (2 %) | 11 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 10 % | 9 % | 6 % | (1 %) | 4 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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The story begins in a small shop in Florence, Italy, in 1880. On a street named Via degli Speziali—literally 'Spice Merchants Street'—a business was born that would grow into a leader in the Italian spice market. For over a century, Drogheria & Alimentari built its reputation. A major turning point came in 1987 when the Carapelli and Barbagli families took ownership, guiding the company's expansion. Under their leadership, Drogheria & Alimentari, or D&A, became a powerhouse. They supplied both their own brand, recognizable by its iconic 'light bulb' shaped jars, and private-label products, eventually capturing about one-third of the spice and seasoning market in Italy. The company didn't just stay local; it began exporting its products to 60 other countries, sharing a taste of Italy with the world. Their success was built on a commitment to quality and innovation, operating from a modern facility near Florence. The final chapter, or perhaps a new beginning, was written in 2015. The global flavor giant McCormick & Company acquired 100% of D&A's shares. The acquisition was valued at approximately €85 million, a strategic move for McCormick to establish a strong footprint in Italy and complement its European brand portfolio. This marked the end of an era of family ownership but ensured the Florentine spice maker's legacy would continue on a global stage.