M&A Deal Summary

Everstone Group and Verlinvest Acquire Sula Vineyards

On November 15, 2010, private equity firm Everstone Group and family office Verlinvest acquired beverage company Sula Vineyards for 15M USD

Acquisition Highlights
  • This is Everstone Group’s 1st and Verlinvest’s 7th transaction in the Beverages sector.
  • This is Everstone Group’s and Verlinvest’s largest (disclosed) transaction.
  • This is Everstone Group’s 11th and Verlinvest’s 1st transaction in India.

M&A Deal Summary

Date 2010-11-15
Target Sula Vineyards
Sector Beverages
Buyer(s) Everstone Group
Verlinvest
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 15M USD

Target

Sula Vineyards

Nashik, India
Sula Vineyards is a premium wine producer and one of India's top 3 international wine and spirits importers through its arm Sula Selections. Sula Vineyards also imports and distributes leading international wines and spirits such as Le Grand Noir, Torres, Trapiche, Hardy's, Beluga Vodka. Sula Vineyards was founded in 1999 and is based in Nashik, India.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Everstone Group

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Everstone Group is a private equity firm focused on traditional private equity investments as well as real estate transactions. Within private equity, the Firm seeks to invest in businesses focused on domestic consumption as well as companies that are 'enablers of domestic infrastructure'. Everstone is a 'hands on' investor, willing to take an active role in managing investments. Within real estate, Everstone looks for retail, and mixed use developments, as well as industrial warehouses. Everstone Group was formed in 2006 and is based in Singapore.


DEAL STATS #
Overall 13 of 30
Sector (Beverages) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 9
Country (India) 11 of 23
Year (2010) 3 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-13 Lilliput Kidswear

New Delhi, India

Lilliput Kidswear is a retailer of kids' apparel and accessories with a pan-nation distribution network, capacity to manufacture 11 million units per annum, and a strong and highly visible brand — 'Lilliput'. Lilliput is a cost leader because of its strong in-house manufacturing capability, which enables it to sell its merchandise to a price-sensitive target customer base at a discount to the international brands and other organized retailers and still earn attractive margins.

Sell $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-08 Crystal

Delhi, India

Crystal engages in the technical manufacturing, formulation, and marketing of agrochemical products Insecticides, Fungicides, Herbicides, Plant Growth Regulators / Micro Nutrients. Crystal was founded in 1973 and is based in Delhi, India.

Buy -
Buyer

Verlinvest

Brussels, Belgium

Investor Investor Investor Investor Investor


Category Family Office
Founded 1995
PE ASSETS 1.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Verlinvestis a private, family-owned investment holding firm specializing in branded consumer products and services investments. The Firm will consider investments in public and private companies and generally targets growth-oriented businesses addressing sizeable markets. Verlinvest looks to invest €20 to €200 million per investment and will consider both majority and minority positions. Verlinvest was formed in 1995 and is based in Brussels, Belgium.


DEAL STATS #
Overall 15 of 46
Sector (Beverages) 7 of 11
Type (Buyout (LBO, MBO, MBI)) 5 of 8
Country (India) 1 of 10
Year (2010) 4 of 4
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-01 Valtech

Paris, France

Valtech is a provider of digital powerhouse delivering value to customers at all stages of a digital project from strategic consulting to design, conception, development, training, and optimization of business-critical digital platforms. Valtech was founded in 1993 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-10 Marqt

Amsterdam, Netherlands

Marqt is a food retail concept that offers sustainable, real food to its customers. Marqt distinguishes itself by sourcing products that are local, minimally processed and produced with respect for people, animals and the environment. Products range from fresh sustainably caught fish presented on crushed ice, locally grown fruits and vegetables, a delicious selection of breads baked daily on the premises, organic meat and dairy products, including organic artisanal farmer cheeses. Marqt was founded in 2008 and is based in Amsterdam, Netherlands.

Buy -