Announced

Completed

Clessidra completed the acquisition of a majority stake in Everton from Cronos Capital Partners.

Synopsis

Clessidra, a private equity firm, completed the acquisition of a majority stake in Everton, a producer of teas and infusions, from Cronos Capital Partners, a private holding company. Financial terms were not disclosed. “Everton is an excellent platform on which to construct a sustainable growth project. We are extremely pleased to have the opportunity to help Everton further extend its leadership position, both across Europe, but also in the US, and we will build on current success and identify adequate targets across core regions to accelerate the already outlined growth path,” Rebecka Swenson, Clessidra Managing Director.

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