Announced

Completed

Anna, Riccardo and Andrea Illy completed the acquisition of a 20% stake in Gruppo Illy from Francesco Illy.

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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MergerLinks - Anna, Riccardo and Andrea Illy completed the acquisition of a 20% stake in Gruppo Illy from Francesco Illy.