Spuntini has acquired Bella Sicilia

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.

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

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M&A sell-side

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“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

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Philippe Desomberg

Managing Director

Brussels, Belgium
Oaklins KBC Securities

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Nicolas Lambers

Associate Director

Brussels, Belgium
Oaklins KBC Securities

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Michaël Rixhon

Associate Director

Brussels, Belgium
Oaklins KBC Securities

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