Announced
Completed
Financials
Tags
Friendly
Majority
Private
Domestic
Single Bidder
Italy
coffee marketing
Acquisition
Private Equity
coffee
Specialty Retailers
Completed
Synopsis
DeA Capital-backed Taste of Italy 2, a private equity firm, completed an investment in Ekaf, a coffee retailer, from Pieri Family for £79m. "Ekaf is a historical roasting company, which has always stood out for the centrality of the product, coffee, and its quality, which it has never waived in the projects undertaken over the years, including the highly successful development of plastic and aluminum caps. We are proud to be part of it and we will put all our efforts at the service of the company to contribute to a further phase of development and innovation," Pierluca Antolini, Taste of Italy Managing Director.
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