CDI GLOBAL ITALY ACTED AS FINANCIAL ADVISER IN THE ACQUISITION THAT ALLOWED EOS IM PE FUND TO ACQUIRE 67 % OF NERONOBILE
EOS Investment management (EOS IM), an indipendent London-based AIFM, has acquired Neronobile, a family-founded coffee company that has enjoyed sustained growth in Europe.
The transaction sees EOS IM’s Private Equity Fund acquire 67 per cent of the company Neronobile whilst the existing shareholders maintain 33 per cent, thus maximising business continuity.
The deal is the third Italian SME acquisition by EOS IM in less than a year and the fourth since the launch of the private equity fund in 2016 with the acquisition of Poplast, a company specialising in packaging with ecological credentials, which has already grown 40 per cent since EOS IM made the acquisition. Neronobile is positioned to make similar returns, with revenues for 2018/2019 financial year expected to exceed EUR24 million. LEER MÁS