Freudenberg Italia S.a.s. di Freudenberg S.r.l. has acquired Eulip Srl (Eulip), a renowned producer of specialised plant-based oils and fats, based in Parma, Italy, effective December 1st, 2025. Eulip will become part of Capol, the food and beverage ingredients business unit of Freudenberg Chemical Specialities, a business group of the Freudenberg Group. This acquisition will further strengthen Capol’s position as a leading provider of innovative, high-quality solutions for the food and beverage industry. The parties have agreed not to disclose financial details of the transaction.

Founded in 1946, Eulip is recognised for its broad product portfolio of specialized vegetable oils and fats, high levels of flexibility, and co-development approach for customized solutions. Eulip’s expertise in raw materials and ingredients as well as flexible production processes, combined with long-standing customer relationships, has made it a trusted partner for manufacturers in the food industry, particularly in the bakery, ice cream and desserts, chocolate creams, and confectionery segments.

By combining Eulip’s advanced know-how in specialized vegetable oils and fats with Capol’s surface treatment formulation expertise, the integration will accelerate technological innovation and deliver high-performance customized solutions for food manufacturing and processing. Together, the companies bring decades of process expertise and deep application knowledge across key food segments, ensuring comprehensive technical support and tailored customer solutions that meet evolving industry needs.

The addition of Eulip to Capol marks a significant step in further broadening Capol’s portfolio across key food and beverage categories. Earlier this year, Capol further diversified its food ingredients portfolio by expanding into natural and nature-identical food and beverage flavors through two acquisitions. In July 2025, Capol acquired Curt Georgi, a 150-year-old, tradition-rich German flavor house renowned for its technical expertise across confectionery, dairy, and baked goods. In September 2025, Capol added Blue Pacific Flavors, a U.S.-based pioneer in natural and organic flavor systems, particularly in the beverage and emerging wellness categories. Together with Capol’s core competencies in confectionery coatings and natural food colours, customers will now benefit from a broader range of high-quality, sustainable food ingredients solutions aligned with the growing demand for specialized ingredients.

“Our shared dedication to developing added-value, functional solutions makes Eulip a natural fit for Capol,” said Peter Hantl, CEO of Capol. “As a proud partner of choice for major food manufacturers worldwide, we are further advancing our ambition to create a comprehensive global food ingredients platform.” Dr. Fulvio Lamberti, CFO of Capol Group, stated: “Leveraging its deep technical expertise, Eulip has achieved outstanding success in the Italian market. The global presence of the Freudenberg Chemical Specialities Group now provides the perfect platform to extend this success worldwide.”

“This latest addition to our business unit Capol demonstrates our commitment to further diversify the Capol Group and building a customer-focused food ingredient company that delivers mission-critical solutions and strategic value for the food manufacturing and processing industry,” said Filip Krulis, CEO of Freudenberg Chemical Specialities. “Combining technology platforms, global market presence, and deep R&D expertise, we create synergies that drive innovation and support growth.”

“We warmly welcome the entire Eulip team to Capol and the Freudenberg Group,” added Dr. Sebastian Weiß, CFO of Freudenberg Chemical Specialities. “Their strong process know-how and customer-focused mindset are an excellent fit for our culture and ambitions to further grow as a specialized player in the food sector.”

Deloitte served as the financial and tax advisors to Freudenberg Italia, by a team of Partner M&A Transaction Services Paolo Cosentino, Director M&A Transaction Services Andrea Sferrazza, Senior Partner Tax Giorgio Orlandini and Tax Director Francesco Maria Paggini. Legal counsel was provided by Hogan Lovells, with a team led by partner Luca Picone and composed of counsel Martina Di Nicola, senior associate Francesco De Michele, and associate Giuseppe Angiò.

Eulip was advised by Houlihan Lokey with a team coordinated by Managing Partner Tommaso Lillo for the structuring of the transaction and by EY with partners Marco Ginnasi and Eliana Basile, for accounting and tax matters. Sutich – Barbieri – Sutich (SBS) provided legal counsel, with partner Giorgio Barbieri and senior associates Mario Varchetta and Alessandro Nironi Ferraroni.