Announced
Completed
Financials
Sources
Tags
Private
Completed
Acquisition
Domestic
Soft Drinks
arabica espresso coffee
coffee products
coffee chain
Italy
Friendly
Minority
Synopsis
Anna, Riccardo and Andrea Illy completed the acquisition of a 20% stake in Gruppo Illy, a provider of confectionary products, from Francesco Illy. The choice stems from Francesco Illy's desire to concentrate on the wine sector: for this purpose he bought the entire Mastrojanni farm in Montalcino.
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