Announced
Financials
Sources
Tags
Private
Friendly
coffee capsules
coffee
Acquisition
Single Bidder
Private Equity
Italy
Food Products
Synopsis
EOS Investment Management acquired a majority stake in Neronobile, a family-founded coffee company that has enjoyed sustained growth in Europe. The transaction sees EOS IM’s Private Equity Fund acquire 67 per cent of the company Neronobile whilst the existing shareholders maintain 33 per cent, thus maximising business continuity. Financial terms were not disclosed. Looking longer-term, Neronobile, through the support of EOS IM, will build upon its solid financial position by acquiring other companies in the sector.
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