S.I.CON S.r.l. has acquired Acqua Vera from Sanpellegrino S.p.a.

S.I.CON S.r.l. has acquired Acqua Vera from Nestlé-owned Sanpellegrino S.p.a.

S.I.CON is a leading Italian manufacturer of PET preforms for mineral water and soft drinks. The company is leading the acquisition through the special purpose vehicle AQua Vera S.p.a., a club of entrepreneurs composed of well-known managers with proven experience in the food and beverage industry.

Acqua Vera is a mineral water brand of Nestlé-owned Sanpellegrino S.p.a. The transaction includes the Acqua Vera brand and the related mineral water concessions, two production plants, machinery and workforce, and a co-packing agreement for a third production plant, for which the buyer will have an option to acquire the operations after a few years.

Nestlé-owned Sanpellegrino S.p.a. is the Italian heritage brand, producing and distributing premium mineral water and soft drinks worldwide.

Oaklins’ team in Italy advised the shareholders of S.I.CON during the entire transaction, from the preparation of an industrial business plan to the negotiation with financial players to obtain the acquisition financing and conducting the negotiations with Sanpellegrino, until the closing of the deal.