Clearwater International advises Céréa Partenaire and Capzanine on the acquisition of a 100% stake in Monviso
Clearwater International advised Céréa Partenaire and Capzanine in the acquisition of a 100% stake in the Italian company Monviso.
The top management of Monviso will support the investors with a minority stake of about 5%.
Monviso, based in Andezeno (Northern Italy), acquired in 2012 by the Italian fund PM & Partners, is specialized in the production of bakery products (rusks, breadsticks, biscuits and others). In 2017 Monviso reached net sales of Euro 36 million with an Ebitda of Euro 8 million. About 60% of sales are generated in Italy while the remaining 40% abroad.
For Céréa Partenaire, French fund specialized in the agri-food sector, and Capzanine this is the first equity transaction in Italy.