Announced
Completed
Financials
Sources
Tags
Private Equity
Private
Single Bidder
Italy
Acquisition
Food Products
Majority
Friendly
tea making
Completed
Domestic
Synopsis
Cronos Capital, a holding company, completed the $38m acquisition of Everton, a tea producer, from Dodero Donelli, a majority owners of the target. “We are certain that an investor with the characteristics of Cronos Capital Partners is the most appropriate solution in order to realize Everton’s growth potentials. We are already working together on possible international targets to bring within the group perimeter, in accordance with the growth strategy we have jointly developed," Federico and Filippo Dodero, Everton Co-CEOs.
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