Spuntini has acquired Bella Sicilia

August 2024 — The Italian food and beverage distributor, Bella Sicilia, has been acquired by Spuntini. With the integration of Bella Sicilia, Spuntini hopes to further develop and expand its Italian product offering. The two businesses are very aligned, and their geographical reach is complementary.

Bella Sicilia is a well-known Italian food and beverage importer and distributor operating in Belgium and Northern France. It is a second generation family business that has over 200 premium brands in its portfolio. Bella Sicilia offers more than 1,700 references of locally sourced premium Italian products to over 1,100 clients every year. Due to its exclusive partnerships with long-lasting suppliers and a very diversified customer base, Bella Sicilia has a steady revenue stream with high EBITDA margins surpassing industry norms.

Spuntini is a family business that has specialized in the distribution of fresh, ultra-fresh and frozen products for over 35 years. Its main customers are hotels, restaurants and catering businesses (HoReCa), as well as fast food enterprises in Belgium and France. The company offers over 20,000 product references from world-renowned brands to its customers.

Our role in the transaction

Oaklins’ team in Belgium acted as the exclusive sell-side M&A advisor to the shareholder of Bella Sicilia in this transaction.

Service

M&A sell-side

Parties

“We chose Oaklins’ team in Belgium for their professionalism in executing M&A files and their expertise in the food and beverage sector, which facilitated and accelerated the connection with all relevant players. We particularly appreciated the reactivity of the team which quickly grasped the complexities of our sector and allowed us to find the right buyer in a very short time.”

Vincenzo Canicatti

CEO, Bella Sicilia

Talk to the deal team

Philippe Desomberg

Managing Director

Brussels, Belgium
Oaklins KBC Securities

View profile Get in touch

Michaël Rixhon

Director

Brussels, Belgium
Oaklins KBC Securities

View profile Get in touch

Related deals

KPS Food Group has joined ForFarmers Polska, a joint venture controlled by ForFarmers N.V.

Agriculture | Food & Beverage

KPS Food Group has joined ForFarmers Polska, a joint venture controlled by ForFarmers N.V.

ForFarmers N.V. has strengthened its position in Poland’s growing poultry market through the establishment of a joint venture with KPS Food Group, a leading poultry producer with operations spanning farming, slaughtering and food processing. ForFarmers’ existing Polish joint venture, Tasomix, and KPS’s operations have been combined to form ForFarmers Polska, which has an enterprise value of approximately US$585 million. ForFarmers holds a controlling 50.5% stake and will fully consolidate the joint venture. The founders of KPS and Tasomix remain minority shareholders.

Learn more

Tandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi

Food & Beverage

Tandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi

Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.

Learn more

Malaga Investment has acquired and delisted What’s Cooking?

Consumer & Retail | Food & Beverage

Malaga Investment has acquired and delisted What’s Cooking?

Malaga Investment SCSp has acquired and delisted What’s Cooking Group N.V./S.A. (What’s Cooking?), providing the group with a stable ownership structure and increased flexibility to execute its strategic growth ambitions, including continued investment in its production footprint, product innovation and selected acquisition opportunities.

Learn more