Newlat Food to Acquire Diageo's Italian Production Facility

Deal News | May 13, 2025 | Finance Community IT - 1 Corporate M&A

Newlat Food to Acquire Diageo's Italian Production Facility

Newlat Food, soon to be rebranded as NewPrinces, has entered into an exclusive agreement to acquire the Diageo Operations Italy production facility in Santa Vittoria d'Alba from the British multinational Diageo. The acquisition seeks to leverage Newlat Food’s strategy to enhance and consolidate its offerings in the beverage segment. Diageo, known for its significant presence in the alcoholic beverages market, operates one of the top 100 companies by capitalization on the London Stock Exchange. The facility produces a wide variety of alcoholic beverages, ready-to-drink products, and low-to-no alcohol solutions. This acquisition is anticipated to bolster Newlat Food's revenue in the UK, where it already earns over €350 million in the beverage sector.

Sectors

  • Food and Beverage
  • Mergers and Acquisitions

Geography

  • Italy – The production facility being acquired by Newlat Food is located in Santa Vittoria d'Alba, Italy.
  • United Kingdom – Diageo, the selling company, is a British multinational and a major player in the UK stock market.

Industry

  • Food and Beverage – The article discusses Newlat Food's strategic acquisition to enhance its offerings in the beverage segment, involving a production facility dealing with alcoholic and non-alcoholic beverages.
  • Mergers and Acquisitions – The article highlights a transaction involving Newlat Food's acquisition of a Diageo facility, indicating its relevance in the M&A sector.

Financials

  • €350 million – Newlat Food's current revenue in the beverage sector in the UK.

Participants

NameRoleTypeDescription
Newlat FoodAcquirerCompanyAn Italian food company that is expanding its market in the beverage sector through this acquisition.
Diageo Operations ItalyTarget CompanyCompanyThe production facility being acquired, located in Santa Vittoria d'Alba, Italy.
DiageoSelling CompanyCompanyA British multinational alcoholic beverages company, part of the top 100 companies by capitalization on the London Stock Exchange.