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New Deal


Announced

NUO Capital to acquire a 26.4% stake in Andriani.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Pending

Private

Minority

Single Bidder

Food Products

Italy

Private Equity

food products

Cross Border

Friendly

Synopsis

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NUO Capital, a private equity firm, agreed to acquire a 26.4% stake in Andriani, a provider of food products. Financial terms were not disclosed. Following the agreement, Andriani will keep the majority of the share capital and the company management led by Michele and Francesco Andriani. The company's development plan envisages rapid expansion into the American and Asian markets; the increase in investments in innovation and in supply chain projects; and further investments in long-term sustainability projects, including achieving the plant's carbon neutrality, expected by 2025.

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