Announced
Financials
Tags
Friendly
Private
Single Bidder
Pending
e-commerce platform
Majority
E-commerce
Acquisition
Cross Border
Italy
Private Equity
Synopsis
Investindustrial, a private equity firm, agreed to acquire a 52% stake in Eataly, an operator of an e-commerce platform providing food products and beverages, for €200m. "This partnership will allow us to strengthen our unique format worldwide, promote innovative projects related to innovation and enhance our capabilities. We are happy to take this new path together with such a reputable partner as Investindustrial, who shares Eataly's values and vision, and has chosen to support us in achieving our goal to be the Italian ambassador for “Made in Italy” around the world. The know-how and resources that Investindustrial will bring to the Eataly model represent an extraordinary lever to look to the future with greater confidence and momentum, strengthened by our history and in continuity with the results achieved to date thanks to the work of all of Eataly’s global team members," Nicola Farinetti, Eataly CEO.
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