Selling to a bottling partner

DEAL FLASH:

Oaklins’ team in Italy has advised Sanpellegrino, a Nestlé company, on the sale of its Recoaro mineral water brand, business and assets to the Dutch listed group Refresco.

The transaction also included a co-packing agreement for three of Sanpellegrino’s branded products.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.