Cassa Depositi e Prestiti and SACE support Italian Wine Brands in the consolidation process in Italy and abroad of the Italian Wine sector

Press release

Cassa Depositi e Prestiti and SACE support Italian Wine Brands in the consolidation process in Italy and abroad of the Italian Wine sector

Italian Wine Brands is one of the main Italian wine groups with proprietary brands and with a multi-channel distribution on a global-scale


Milan, 5 May 2021 – Cassa Depositi e Prestiti, together with SACE, supports the growth and development plans in Italy and abroad of Italian Wine Brands by subscribing an amount equal to Euro 30 million of the bond offered by Italian Wine Brands S.p.A. on the Mercato Telematico delle Obbligazioni (MOT), managed and organized by Borsa Italiana S.p.A. (“Borsa Italiana”), and on the Irish Stock Exchange during the offering period on the MOT, and benefiting pro-quota from a SACE guarantee. The bond, addressed to institutional and retail investors, is equal to a total principal amount of Euro 130 million and has a duration of six years, due 2027.

Italian Wine Brands S.p.A. ("IWB") was established in 2015 from the aggregation of various Italian wineries and is now one of the leading Italian multi-brand and multi-channel groups in the wine sector. Since its establishment, IWB can boast an important growth in size that has led it to develop in 2020 Euro 204.3 million of consolidated revenues achieved for over 80% on international markets. Growth was achieved both organically through the creation, development and distribution of proprietary brands (GRANDE ALBERONE®, RONCO DI SASSI®, GIORDANO VINI®, OROPERLA®, SELLARONDA®, RAPHAEL DAL BO®, POGGIO DEL CONCONE®, ELETTRA®) and through Merger & Acquisition deals.

The financial resources made available by CDP and guaranteed by SACE will be used to support the IWB group in pursuing its growth strategy through the acquisition of other wineries operating in Italy and on international markets.

The Chairman of the Board of Directors of IWB, Alessandro Mutinelli, comments: “IWB is proud that Cassa Depositi e Prestiti has invested in the first bond issuance of IWB by subscribing the notes in the offering on the MOT Market. IWB has found in Cassa Depositi e Prestiti and SACE an attentive and prepared interlocutors, with deep knowledge of the dynamics of the Italian wine supply chain that have understood the industrial project of IWB and its role as a point of reference for the consolidation process of the Italian wine sector so that our country can compete structurally and in the long term on international markets.

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