PE firm Investindustrial has combined US private-label manufacturer Winland Foods and Italy's La Doria to form Windoria, a new business generating $4bn in sales. Investindustrial has gained full ownership of both companies having owned Winland Foods outright and holding a majority stake in La Doria. The launch comes at a “pivotal moment” for companies focused on private label, according to a statement released today (18 September). In the US, sales of private label have outpaced brands for the past thre ...