Tenuta Ulisse Acquires Cirelli, Expanding Bio-Wine Portfolio
Deal News | May 28, 2025 | Finance Community IT - 3 Private Equity
Tenuta Ulisse, an Abruzzo-based winery known for its production and marketing of indigenous wines, has acquired Cirelli, a winery specializing in high-end organic and amphora wines. The acquisition was supported by White Bridge Investments II, the majority owner of Tenuta Ulisse. This move is intended to enhance the complementary nature of Tenuta Ulisse's wine portfolio with Cirelli's organic offerings by integrating the production and distribution capabilities of both entities. Despite the acquisition, Cirelli will maintain its artisanal identity, foundational values, and creative freedom. Financial and legal advice for Tenuta Ulisse was provided by Athena Associati and Giovannelli & Associati, respectively, while Cirelli received legal, financial, and tax support from Lawal. Founded by Francesco Cirelli and located in the heart of Abruzzo, Cirelli is recognized nationally and internationally for its sustainable and artisanal approach to viticulture, with a range of organic labels noted for their authenticity and finesse.
Sectors
- Wine Production
- Private Equity
Geography
- Italy – Both Tenuta Ulisse and Cirelli are Italian wineries, and the acquisition takes place within the Italian wine market.
Industry
- Wine Production – The article discusses the acquisition of a winery specializing in organic wines, indicating its relevance to the wine production industry.
- Private Equity – White Bridge Investments II, a Private Equity firm, plays a significant role in supporting the acquisition, highlighting its involvement in the industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tenuta Ulisse | Acquirer | Company | An Abruzzo-based winery active in the production and commercialization of indigenous wines, majority-owned by White Bridge Investments II. |
| Cirelli | Target | Company | A winery founded by Francesco Cirelli, recognized for its production of high-end organic and amphora wines. |
| White Bridge Investments II | Private Equity | Company | The majority owner of Tenuta Ulisse, providing financial support for the acquisition. |
| Athena Associati | Financial and Tax Advisor | Company | Provided financial and tax advice to Tenuta Ulisse for the acquisition. |
| Giovannelli & Associati | Legal Advisor | Company | Provided legal advice to Tenuta Ulisse for the acquisition. |
| Lawal | Legal, Financial, and Tax Advisor | Company | Provided legal, financial, and tax support to Cirelli for the acquisition. |