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Announced

Completed

Wise completed the acquisition of Tapi from Gradiente.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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corks

synthetic closures

Containers and Packaging

Italy

Acquisition

Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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Wise, which specializes in the management of Private Equity closed-end funds, investing in small and medium-sized companies, with a special focus on Italy, completed the acquisition of Tapi, a designer and producer of synthetic T Tops mainly used for premium and super-premium spirit bottles, from Gradiente. Financial terms were not disclosed. “The company proved over the time to be able to grow at a very fast pace; I am confident that revenues can double in the next five years. We chose a financial investor that is definitely able and willing to support the company in achieving these new challenging aims. We have always invested in human capital, besides that on innovation capabilities and this approach made the company a clear leader in its reference niche. We are proud of Tapì achievements so far and of the hundreds of jobs we offered in Italy, Mexico and Argentina,” Alberto Baban, Tapì Co-Founders.

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