Add-on Acquisition • Beverages

Coca?Cola HBC Italia S.r.l. Acquires Acque Minerali S.r.l.

On September 18, 2019, Coca?Cola HBC Italia S.r.l. acquired beverage company Acque Minerali S.r.l. from DeA Capital

Acquisition Context
  • This is Coca?Cola HBC Italia S.r.l.’s 1st transaction in the Beverages sector.
  • This is Coca?Cola HBC Italia S.r.l.’s 1st transaction in Italy.

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M&A Deal Summary

Date September 18, 2019
Target Acque Minerali S.r.l.
Sector Beverages
Buyer(s) Coca?Cola HBC Italia S.r.l.
Sellers(s) DeA Capital
Deal Type Add-on Acquisition

Target Company

Acque Minerali S.r.l.

Roccaforte Mondovì, Italy
Acque Minerali is a producer and distributor of premium, natural mineral water and adult sparkling beverages under the Lurisia brand. In the water category, the company offers still and sparkling water in PET and glass packaging, sourced from springs 1,400 meters above sea level in Monte Pigna. The company has been a pioneer in offering water products in bell-shaped glass bottles, designed by the Italian architecture and design studio Sottsass Associati. In the adult sparkling segment, Lurisia offers beverages inspired by authentic Italian recipes, based on ingredients sourced within the country. They are offered in the following flavours: Chinotto, Gazzosa, Aranciata, Aranciata Rossa, Aranciata Amara, Limonata and Tonica. Lurisia products enjoy high brand awareness and are associated with quality, authenticity, taste and the Italian lifestyle. Since 2008, the company has been a partner in the main events organised by Slow Food, a non-profit organisation set up in 1986 in Italy promoting local food and traditional cooking.
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Buyer Overview 1

Buyer

Coca?Cola HBC Italia S.r.l.

Sesto San Giovanni, Italy

Category Company
Sector Beverages
DESCRIPTION

Coca?Cola HBC Italia S.r.l. produces and delivers quality non-alchoholic beverages based in Sesto San Giovanni, Italy.


Deal Context for Buyer #
Overall 1 of 1
Sector: Beverages 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Italy 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

DeA Capital

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2006
PE ASSETS 6.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

DeA Capital Alternative Funds SGR is an Italian alternative investment group focused on fund-of-funds and direct co-investment opportunities. The Firm considers opportunities throughout North America and Europe. DeA Capital Alternative Funds was established in 2006 and is headquartered in Milan.


Deal Context for Seller #
Overall 7 of 10
Sector: Beverages 1 of 1
Type: Add-on Acquisition 5 of 7
Country: Italy 6 of 9
Year: 2019 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Sinterama

Sandigliano, Italy

Sinterama S.p.A is a global polyester automotive interiors and high performance colored yarns manufacturer. Sinterama was founded in 1968 and is based in Sandigliano, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Gruppo Tarulli OP

Puglia, Italy

Gruppo Tarulli OP is a producers’ organisation focused on cultivation and commercialisation of organic table-grapes. The Company emphasises organic and biodynamic farming methods, traceability from field to packaging, and offers multiple packaging formats. Gruppo Tarulli OP is based in Puglia, Italy.

Buy -

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