Private investment group Ardian has acquired Italian beverage solutions company Celli Group, the owner of water dispenser supplier Cosmetal.
Founded in 1974, Celli specialises in the design, manufacturing, testing and installation of innovative beverage dispensing solutions for brewers and soft drinks producers, as well as the production of water dispensers.
With five manufacturing plants located in Italy and the UK, the Group employs over 400 people and generated revenues of approximately €110 million in 2018.
Celli also boasts a network of technical centres and other facilities around the world, allowing it to offer services such as installation, function testing, and ordinary and extraordinary maintenance on a global scale.
Ardian claims that it will further accelerate the growth of Celli, in particular strengthening the group’s international reach. To date, Celli already exports its products to more than 100 countries worldwide.
Yann Chareton, managing director of Ardian, said: “We chose Celli as it is already a solid and highly competitive company, thanks to the good work done by its experienced senior management team.
“With a strong international network and distinctive skills, we are confident that we can contribute to a new phase of growth and success for Celli, supporting its management in this next challenge.”
Mauro Gallavotti, chairman and CEO of Celli Group, added: “Celli’s Italian excellence is internationally recognised.
“The path taken with Consilium has been to provide the company with a manager-led approach and exceed the €100 million turnover threshold.
“Ardian will be the ideal partner for the coming years. We have the opportunity to become the global leader in the industry, at a time when the world is looking for sustainable solutions for beverage consumption.”
© FoodBev Media Ltd 2019
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