IDeA Taste of Italy sells 35% stake in Wisecap Group

IDeA Taste of Italy, a fund managed by DeA Capital Alternative Funds sgr, has sold its 35% stake in Wisecap Group—one of Europe’s leading producers of plastic caps and closures for the beverage industry—to an undisclosed European investment office.

IDeA Taste of Italy sells 35% stake in Wisecap Group

Control of the company remains firmly with the Delfanti family. While the buyer's identity was not revealed, sources indicate it is a Northern European fund that will bring additional resources and expertise to accelerate Wisecap’s growth through new international acquisitions. According to Radiocor, Wisecap's current valuation is estimated between €150 million and €200 million, implying the value of the 35% stake ranges from €52 million to €70 million. Wisecap, headquartered in Piacenza, Italy, was previously controlled by CEO Alessandro Delfanti and his children, Ilaria and Christian, through their holding company Maria Luisa srl, which owned the remaining 65% stake.

Advisors for the deal

The Delfanti family was advised by law firm PedersoliGattai for the transaction, while IDeA Taste of Italy was supported by financial advisor Tyche Finance, legal advisors Gianni & Origoni, KPMG for accounting and tax matters, goetzpartners for business analysis, and Marsh for insurance aspects. Wisecap operates five manufacturing plants across Italy, Spain, Poland, and the Czech Republic, producing over 13 billion closures annually for major local and multinational beverage bottlers.