Italian food company De Cecco has acquired RossoGargano, a tomato-products supplier based in Foggia in southern Italy. The deal closed for an undisclosed sum and is expected to formally complete next month, according to reporting by Just Food.
Italian bank Intesa Sanpaolo advised on the transaction and confirmed that De Cecco had acquired full ownership of the business. RossoGargano sells canned tomatoes, purées and sauces. De Cecco is best known for pasta but already offers a range that includes gnocchi, rice and tomato products, making RossoGargano a direct fit within its existing portfolio.
De Cecco chairman Filippo Antonio De Cecco explained the logic behind the purchase. "The deal aims to strengthen production and improve margins in a market segment where we already operate," he said in a statement. "The acquisition allows us to directly control every stage of the process, from growing to marketing."
The acquisition is part of a broader growth push for the family-owned company. De Cecco generated an estimated turnover of around €650 million, or roughly $754 million, in 2025. In 2024, the company booked revenue of €652 million, an 8.5% increase over the prior year. Net profit after taxes reached €15 million that year, up from €11 million the year before.
Italy accounts for 42% of the group's total sales, and De Cecco employs around 1,200 staff. The company estimates its revenue will reach €740 million in 2026, a figure that now includes a contribution from RossoGargano. The group has set a target of €1 billion in annual revenue by 2027.
The RossoGargano deal gives De Cecco direct control over tomato sourcing and processing, which the company says will improve margins. Whether the acquisition accelerates the path to that €1 billion target will become clearer once the transaction formally closes next month.
