Coca Cola to buy Lurisia mineral water from IdeA Taste of Italy, Eataly and the Invernizzi family in a 88 mln euros deal

Coca Cola signed a preliminary agreement to purchase Acque Minerali srl, a company producing mineral water and Lurisia branded soft drinks, based on an enterprise value of 88 million euros (subject to price adjustment as per market practice). The agreement was signed by Coca Cola HBC Italia, the Italian subsidiary of the Coca Cola HBC group, with the support of The Coca-Cola Company (see here the Coca Cola press release and here the one of the legal advisors). The IdeA Taste of Italy fund, managed by Dea Capital Aalternative Funds sgr, the Italian luxury food retail chain Eataly and the Invernizzi family are the sellers, assisted by Fivelex Studio Legale, while Orrick supported Coca Cola. The fund had acquired a 33% stake of Acque Min