Clessidra Consumer Acquisition | M&A Deal

Clessidra has completed the acquisition of an Italy-focused agrifood platform fund, a food beverage retail business in Italy, for $660m. The Clessidra acquisitions strategy centers on consumer M&A in agrifood and retail food categories, supporting growth across Italian supply chains and branded offerings. Clessidra acquisitions also target food beverage retail acquisition opportunities that strengthen distribution and customer reach in key Italian markets. As a private equity acquisition platform, the fund reached a final close above €150m and aggregates multiple commitments, with the overall capital base reported at $300m, $240m, $135m, $90m, and additional tranches. The platform acquisition approach is designed to build scale through follow-on private equity acquisition investments in Italy’s consumer and agrifood sectors.