Ardian to pick up Italian drinks dispenser maker Celli from Consilium

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Ardian has agreed to buy Italian beverage dispenser manufacturer Celli from fellow private equity house Consilium.

The Milan-based company designs, manufactures, tests and installs beverage dispensers for breweries and soft drinks companies.

Celli’s clients have included major brand names such as Heineken, Carlsberg, Asahi, Coca-Cola and Pepsi.

Through its five manufacturing plants in Italy and the UK, Celli generated around €110m of turnover in 2018.

Consilium first backed the business in a majority stake investment back in 2013.

Ardian managing director Yann Chareton, said “We chose Celli as it is already a solid and highly competitive company, thanks to the good work done by its experienced senior management team.

“With a strong international network and distinctive skills, we are confident that we can contribute to a new phase of growth and success for Celli, supporting its management in this next challenge.”

Ardian has over $90m worth of assets under management across its operations in Europe, the Americas and Asia.

The firm recently raised €6bn for its latest European infrastructure fund, before going on to collect at least $9bn for its secondaries vehicle, ASF VIII.

The private equity major also sold its 18 per cent stake in construction, infrastructure and services group Spie batignolles.

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