Private investment firm Ardian acquired Celli S.p.A., an Italian beverage solutions company, for an undisclosed amount.
Celli is currently owned by Consilium – an asset management company specializing in private equity – and the Celli family. Senior management will reinvest alongside Ardian.
Founded in Rimini in 1974, the company specializes in the design, manufacturing, testing and installation of innovative beverage dispensing solutions for breweries (including Heineken, Carlsberg, Asahi, Molson Coors, Budweiser) and soft drinks companies (including Coca-Cola and Pepsi).
The group is also involved in the manufacturing of water dispensers, developing solutions that are more sustainable than bottled beverage consumption.
Led by Mauro Gallavotti, Chairman and CEO, Celli offers services including installation, function testing, and ordinary and extraordinary maintenance. The company has recently launched an internally developed IT platform, which remotely coordinates the overall management of the dispensers installed, on behalf of its customers.
With five manufacturing plants located in Italy and the UK, the group employs over 400 people and generated a turnover in the region of €110 million in 2018.
The investment will further accelerate Celli’s growth, in particular strengthening its international reach, which, to date, already exports its products to more than 100 countries.