IllyCaffè, sale of 20% to Rhone Capital concluded
The group does not exclude listing on the stock exchange
illycaffè announced the closing of the sale by the Illy Group of a 20% stake to Rhone Capital, a global private equity company with a focus on investments in companies with a pan-European, North American or transatlantic presence. The agreement was signed in November 2020 (see EFA News article of 11/23/2021).
Rhone was chosen as a strategic partner to accompany the well-known Italian brand in the next phase of international growth, particularly in the United States. The partnership with Rhône - underlines a note - represents another milestone in the company's growth path and in the execution of its future plans which could also include listing on the stock exchange.
EFA News - European Food Agency