The Riverside Company has acquired La Galvanina, an Italian producer of mineral water and organic soft drinks.

From its three production facilities in Italy, Galvanina supplies beverage products to retailers, department stores and wholesalers in more than 35 countries. Last year, Galvanina’s largest markets were the US, Italy and Canada.

Rino Mini will become Galvanina’s honorary chairman following this transaction. He said: “Riverside’s deep food and beverage sector experience and global resources, particularly in the US, the EU and Asia, make the firm an ideal choice to help our organisation continue its international development.

“My nephew Andrea Pianini, Galvanina’s international sales manager, and I will reinvest alongside Riverside in this new phase and we are very excited to work together to further support our significant growth trajectory.”

Riverside managing partner Karsten Langer said: “We are grateful for the trust of the Mini family in choosing Riverside for this investment. Galvanina has an impressive range of innovative, high-quality products with a fantastic heritage and an enviable market position.

“During our partnership, we plan to help transition a family run business to an elevated global company, while maintaining Galvanina’s authenticity, quality, innovation, creativity and customer-oriented culture.”

For this deal, A&O acted as legal advisor, while EY served as financial, tax and debt advisor for Riverside.

Given the current climate, how long do you anticipate it will take for the global economy to recover post COVID-19?

View Results

Loading ... Loading ...

Alix Partners advised Riverside as a commercial and operational due diligence provider. Goldman Sachs Private Capital provided financing for the transaction.

BLF Studio Legale served as the legal advisor to the Mini Family, while Miranda Pironi offered corporate, tax and accounting advice. PWC acted as financial advisor.