Private-equity firm Entangled Capital has acquired a 51% stake in Sipa International, the owner of the couscous brand Martino.  

Italy-based Sipa International, a family-owned business since 1870, has evolved from a milling operation to a global couscous producer under the Martino brand. 

With a history dating back to 1870, Sipa International has been a family-owned enterprise for four generations. 

Sisters Emma (CEO) and Giordana Martino (CFO) oversee operations. The company offers a range of products including whole-grain, organic, gluten-free and baby couscous, along with snacks and pre-prepared meals. 

The company generates over 70% of its revenue from international markets. It has presence in more than 80 countries, including Italy, France, and Germany. 

Under the terms of the deal, the Martino family will retain a 49% share, while the majority will be controlled by Entangled Capital.

Besides financial support, Entangled Capital said in a statement it will offer “managerial and strategic expertise”, guiding the company “through a phase of structured and sustainable growth”.  

Entangled Capital CEO Roberto Giudici said: “This transaction allows us to enter a strategic segment of the food industry, characterised by dynamism and growth potential, with a particular focus on organic and health-conscious products.  

“Our goal is to further strengthen Martino's global position by leveraging new synergies, targeted investments, and a strong focus on innovation.”  

Sipa International CEO Emma Martino said: “The investment by Entangled Capital marks a turning point for our company.  

“We are confident that, thanks to their support and experience, we will be able to further strengthen our competitive position in international markets, continuing to innovate and maintain the highest standards of quality and sustainability."