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Announced

Completed

Clessidra-backed Argea completed the acquisition of Cantina Zaccagnini from Abruzzo.

Financials

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

Sources

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Tags

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wine

Italy

Friendly

Acquisition

Private Equity

Majority

Private

Domestic

Completed

Distillers and Vintners

Single Bidder

Synopsis

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Clessidra-backed Argea completed the acquisition of Cantina Zaccagnini, a wine brand, from Abruzzo, a wine company based in Bolognano. Financial terms were not disclosed. “I have always looked to Cantina Zaccagnini as the spearhead of Abruzzo. A historic company permeated with art and traditions that, for complementarity and approach, will integrate perfectly with Argea. This is an acquisition that attests to its strong dynamism. of Argea, which a few days after the announcement of its birth adds a new step towards the creation of an important aggregating pole, an all-Italian accelerator that, in terms of size and ambitions, wants to position itself among the major international players," Massimo Romani, Argea CEO.

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