Alantra advises Francesco Illy on the sale of c.20% stake held in the family holding, Gruppo Illy

Nov 2022

Sell-side advisory

Milan – Alantra, the global investment banking and asset management specialist, has advised Francesco Illy on the sale of c. 20% stake held in the family holding Gruppo Illy, to his siblings Anna, Riccardo and Andrea Illy.

With recorded 2021 consolidated revenues of c. € 600m and an EBITDA in excess of € 50m, Gruppo Illy controls Illycaffè, a worldwide leading producer and supplier of premium quality coffee, and Polo del Gusto, a consolidation of businesses in the food & beverage industry – including Dammann Frères, Domori, Pintaudi, Agrimontana and Achillea brands.

As part of the transaction, Francesco Illy acquired Mastrojanni, one of the finest Italian wine labels which embodies the traditional winemaking from Montalcino (Siena). This transaction has a great industrial meaning for Francesco Illy, who can exploit industrial synergies with the already owned wine productions in the nearby area.

Alantra was engaged as sell-side financial advisor, providing full support in strategic, tactical, and valuation aspects as well as project management, negotiation and structuring of the transaction. Additionally, Alantra was also involved in debt advisory coordination activities with the family’s advisors.