Clessidra buys majority of Mondodelvino

The investment company Clessidra is continuing its expansion plans to become the market leader in Italy.

The Mondodelvino company headquarters in Priocca
The Mondodelvino company headquarters in Priocca

After Clessidra Private Equity Sgr recently bought 58 percent of the wine company Botter, another deal has now been signed and sealed. The investment company has also acquired majority shares in the Mondodelvino group for the Clessidra Capital Partners 3 investment fund. Mondodelvino is managed by the Martini family, which is one of the founders of the company along with Roger Gabb and Christoph Mack. As in the case of the Botter family, the Martini family remains operational as shareholders in the business and ensures continuity in the management.

After 30 years of steady growth, the Mondodelvino group is now positioned among the 20 top-selling wine companies in Italy and among the top ten private wineries. Even in 2020, Mondodelvino was able to increase its turnover by six percent to around €120 million. Ninety percent of the business volume is generated on export markets, above all in the UK, Germany, Northern Europe, Canada and Russia.

The latest investment is another step in Clessidra's large-scale plan to build an Italian market leader in the wine sector. The first two transactions alone, Botter and Mondodelvino, will generate a total turnover of around €350 million, which already puts the duo ahead of all the private wineries in Italy. 

Only Riunite & Civ (including Gruppo Italiano Vini) and the second-tier cooperative winery Caviro achieve higher results. The two companies, Botter and Monodelvino, complement each other both in terms of DOC wine offered and market penetration.

"We are aware of the importance of being able to count on a partner like Clessidra because we can accelerate the growth and development of the business while maintaining the values of the founders. We want to thank our historic shareholders Roger Gabb and Christoph Mack for the valuable contribution they have made over these 30 years and all the employees who have contributed to the success of the company. We are sure that Clessidra and her working group will stand by us on this new path, as they are already doing with Botter," said the Martini family. The Botter family also commented positively on the new addition to Clessidra's project. "We are delighted with the decision of Mondodelvino and the Martini family to become part of the project that Clessidra has launched with us. The new group in which we have invested will be a point of reference for the entire Italian wine sector. It can count on two companies that are strategically very complementary and have a significant competitive positioning on the main international markets," they commented.

Clessidra Private Equity Sgr is Italy's leading investment company. It pools over €2.5 billion of investment business. vc

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