NewPrinces S.p.A. has successfully completed the acquisition of 100% of the share capital of Diageo Operations Italy S.p.A. from the global beverage giant Diageo. This strategic transaction includes the transfer of the renowned production facility at Santa Vittoria d’Alba and its entire workforce, ensuring continuity of employment. As part of the agreement, NewPrinces has secured a fixed-term service contract to continue bottling products for Diageo during a transitional period, guaranteeing immediate production volumes. This acquisition significantly bolsters NewPrinces' industrial footprint in the beverage sector, adding specialized bottling capabilities for spirits and wines to its existing diverse food manufacturing portfolio.

This transaction is part of the AgriFood industry, which currently tracks an average EBITDA multiple of 10.1x since the beginning of 2026, 9.8% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.