Crosta & Mollica receive new investment
UK-based Italian food brand Crosta & Mollica has received a new investment from private equity firm Perwyn Advisors. The B-Corp certified brand, which sells products such as pizza and gelato, will be supported by the firm with international expansion, as well as product innovation and brand investment back in the UK.
Company founder James Orr will remain in place, but will be joined by David Milner, who will act as chairman.
"I am delighted to welcome Perwyn as partners to Crosta & Mollica. Their shared vision for the potential of the business matches the ambition of our incredible team. We are only part way towards realising our goal of becoming a leading global Italian food brand and Perwyn’s international and sector expertise will help accelerate us towards achieving that,” said company founder Orr.
“Perwyn are extremely happy to be collaborating with Crosta & Mollica. Their growth and increasing presence across multiple countries is incredibly impressive and testament to the passion they have for developing top quality products befitting of a premium and relatable brand. The investment aligns perfectly with Perwyn’s food sector expertise and track record in successfully partnering with entrepreneur owned businesses,” added Gurinder Sunner, Partner at Perwyn.
Image Source: Crosta & Mollica
