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Announced

Completed

DeA Capital-backed Taste of Italy 2 completed an investment in Ekaf from Pieri Family for £79m.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Majority

Private

Domestic

Single Bidder

Italy

coffee marketing

Acquisition

Private Equity

coffee

Specialty Retailers

Completed

Synopsis

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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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