M&A Deal Summary

De Longhi Acquires Capital Brands

On November 23, 2020, De Longhi acquired consumer products company Capital Brands from Centre Lane Partners

Acquisition Highlights
  • This is De Longhi’s 1st transaction in the Consumer Products sector.
  • This is De Longhi’s 1st transaction in the United States.
  • This is De Longhi’s 1st transaction in California.

M&A Deal Summary

Date 2020-11-23
Target Capital Brands
Sector Consumer Products
Buyer(s) De Longhi
Sellers(s) Centre Lane Partners
Deal Type Add-on Acquisition

Target

Capital Brands

Los Angeles, California, United States
Capital Brands develops and sells domestic appliances with a focus on wellness nutrition to households in over 100 markets worldwide under the Nutribullet and Magic Bullet brands. Capital Brands was founded in 2003 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

De Longhi

Treviso, Italy

Category Company
Founded 1900
Sector Retail
Employees9,434
Revenue 3.5B EUR (2024)
DESCRIPTION

De'Longhi is an appliance manufacturer and distributor. De'Longhi was founded in 1900 and is based in Treviso, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-15 ELBA

Magnago, Italy

ELBA S.p.A. is a manufacturer and distributor of cooking appliances including freestanding cookers, built-in ovens and cooktops.

Sell €78M

Seller(S) 1

DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.


DEAL STATS #
Overall 8 of 11
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
State: California M&A 1 of 1
Country: United States M&A 7 of 10
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 Lenox

Bristol, Pennsylvania, United States

Lenox is a provider of high-quality tabletop, giftware, and collectible products sold under the Lenox brand as well as the Dansk, Gorham, and Department 56 brand names. Lenox was founded in 1889 and is based in Bristol, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-11 Synacor

Buffalo, New York, United States

Synacor is a provider of technology supporting the delivery of unbranded bundled online services. Synacor enables internet access providers to easily bundle a variety of subscription-only premium, entertainment, and value-added services into their internet access products. Synacor was founded in 1998 and is based in Buffalo, New York.

Buy $92M