
DeA's Taste of Italy fund backs Casa Vinicola Botter
Food-focused fund Taste of Italy, managed by DeA Capital, has invested in Casa Vinicola Botter.
The fund acquired a 22.5% stake in the wine producer.
The investment from Taste of Italy will support international expansion and acquisitions, notably in the US and China. The third-generation family owners, Annalisa, Alessandro and Luca Botter, will retain control and continue to manage the company.
Company
Casa Vinicola Botter was founded in 1928 by Carlo Botter in Fossalta di Piave. It sold around 86 million bottles of wine and generated roughly €24m of EBITDA against revenues of €180m in 2017. A total of 97% of its production is exported.
People
Taste of Italy – Pierluca Antolini (managing director)
Casa Vinicola Botter – Annalisa Botter, Alessandro Botter, Luca Botter.
Advisers
Equity – NCTM, Pietro Zanoni (legal); PwC, Emanuela Pettenò (financial due diligence).
Vendors – Palmer, Francesco Adami (legal); Studium Professionisti d'Impresa Beltrame e Depieri Associati, Giorgio Beltrame (legal).
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