Guzzardi Fine Foods – Sale Advisory
PKF is proud to have advised Guzzardi Fine Foods (Guzzardi) on their divestment.
Guzzardi is a food manufacturer and wholesaler supplying national and export markets producing authentic Australian made European delights using the finest ingredients. These include marinated, filled, whole and sliced olives, antipasti, chargrilled vegetables, pestos, dips, crushed garlic, herbs and spices - with choices of packaging in labelled, generic, made to order and private label.
Established in 1989 and originally focused on marinated olives, Guzzardi is now one of the larger foodservice suppliers in the Antipasto market in Australia.
Completion of the sale occurred in July 2017.
The sale represented an important milestone in the succession of the business when both the existing Directors of the business accepted offers to remain within the business post completion of the acquisition by AusFresh.