(Finance) – QuattroRa private equity fund that invests in Italian companies with excellent characteristics and solid fundamentals, has acquired a 50% share of Massimo Zanetti Beverage Group with the aim of accelerating its growth and long-term value creation. QuattroR enters the group mainly through subscription of a capital increase, the details of which were not disclosed. The new resources will be entirely dedicated to pursuing the numerous growth opportunities, already identified and shared, we read in a note, with the aim of consolidating European leadership and further strengthening its global presence.
Founded by Massimo Zanetti more than 50 years ago, Massimo Zanetti Beverage Group is one of the major global players in the coffee industry. Despite its Italian origins, the Italian market today represents less than 10% of turnover, present in 110 countries, with 20 factories and an important network of coffee shops. With a portfolio of over 40 brands, including the renowned Segafredo, the group now has more than 3,300 employees and closed 2023 with a turnover of 1.1 billion euros. The company was listed on Piazza Affari from 2015 to 2021, with the delisting taking place on the initiative of the family.
“With this operation – he comments Francesco Conte, CEO of QuattroR – we confirm our commitment to supporting and supporting successful entrepreneurs in the medium-long term, focused on further developing their business. The investment in Massimo Zanetti Beverage Group is perfectly in line with our commitment to enhance important Italian brands present on a global scale.”
Massimo Zanetti, president of the company, will continue to contribute to the development of the group. “The partnership with QuattroR represents an opportunity and a stimulus for us, to further consolidate the group’s growth path, maximizing the creation of value – states the founder – The sharing of our entrepreneurial values and the complementarity of skills will facilitate the achievement of the goals”.
The Board of Directors of Massimo Zanetti Beverage Group has appointed Pierluigi Tosato as new CEO. Tosato has more than 25 years of experience in the food & beverage sector of large industrial groups, as CEO and member of the Board of Directors of companies including Biscuits Bouvard, Continental Bakeries, Deoleo, Bolton Food, Acqua Minerale San Benedetto.