European private equity investor Perwyn has made a strategic investment in Crosta & Mollica, a B-Corp certified branded grocery business focused on Italian food, in partnership with the company’s founder James Orr.
Founded in 2009, Crosta & Mollica “reimagines” Italian classics across multiple categories including pizza, gelato and aperitivo snacks. The brand can be found in supermarkets in the UK and across Europe.
Perwyn will support the business as it continues its international expansion. On closing, Orr and the existing management team will be joined by David Milner, a experienced food executive who arrives as Chairman having held leadership positions at Tyrrells, Lily’s Kitchen and St Pierre.
Perwyn were advised by Gowling WLG (legal), Spayne Lindsay (corporate finance), EY (financial & tax), OC&C (commercial) and Deloitte (structuring). Crosta & Mollica were advised by Piper Sandler (corporate finance), Joelson (legal) and Eight Advisory (financial & tax).
