PKF Assist Guzzardi Fine Foods
04 May 2017
Guzzardi Fine Foods (“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, pesto’s, dips, crushed garlic, herbs & spices - with choices of packaging in labelled, generic, made to order & 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 is expected to occur in June 2017.
The PKF team was led by Corporate Finance Partner Steven Perri who was assisted by Stefan Galbo, Shane Mays and George Portou.
Mr Perri congratulated the Guzzardi shareholders on achieving this important milestone in the succession of their business, noting that both the existing Directors Cettina Guzzardi and David Fuscaldo have accepted offer’s to remain with Ausfresh and continue to develop & further explore quality and integrity of the Guzzardi Ausfresh brand: “We are very happy to have assisted the Guzzardi shareholders in the sale of their business and the successful completion of this transaction is a testament to the established reputation of the business in the food and beverage market”.