Deals

21 Invest acquires Witor's

Deal in the chocolate sector

Background

Witor's is an Italian chocolate company founded in 1959, known for combining traditional craftsmanship with innovative recipes. It offers a wide range of pralines, bars, and seasonal treats made with high-quality ingredients, including fine Italian hazelnuts and cocoa.

Deal Summary

21 Invest, the pan-European private equity group founded and led by Alessandro Benetton, with offices in Italy, France, and Poland, has acquired Witor’s S.p.A., a historic confectionery company based in Cremona and internationally renowned for its iconic product: the boero. With this acquisition, 21 Invest enters the chocolate sector with the goal of strengthening its presence in the Italian market and expanding further into international markets.

Nash Advisory assisted 21 Invest in all the phases of the transaction.

Learn more

Giovanni Panigada

Nash Advisory

T: +39 3485637999

Giorgio Barbero

Nash Advisory

T: +39 3498666518