TDR Capital Acquires Majority Stake in Acqua & Sapone from H.I.G. Capital

H.I.G. Capital Acquires Acqua & Sapone Group (Cesar, SDA and VDM)

October 21, 2021

Retail

An affiliate of H.I.G. Capital has acquired a controlling stake in Cesar di Barbarossa Enio e F.lli S.r.l., Gruppo SDA S.r.l. Servizi Distribuzione Associati and VDM Vaccaro Distribuzione Merci S.r.l., which operate under the Acqua & Sapone brand. The Barbarossa family is reinvesting as a significant minority shareholder; the combined companies operate over 700 stores in Italy and generated more than €900 million of revenues in 2021. H.I.G. said the investment will support integration of the businesses and accelerate Acqua & Sapone's expansion across Italy.

Ergon Capital Acquires Majority Stake in Dolciaria Acquaviva

July 31, 2019

Food & Beverage

Ergon Capital IV SCSP (Ergon) has acquired a majority stake in Dolciaria Acquaviva from the Acquaviva family, with family members reinvesting alongside Ergon. Dolciaria Acquaviva is an Italian leader in frozen bakery products based in Gricignano di Aversa (Caserta), employs about 100 people, serves over 20,000 primarily Ho.Re.Ca customers nationwide, and will pursue accelerated growth and consolidation supported by Ergon.

TowerBrook Capital Partners Makes Majority Investment in AQUAchiara

July 3, 2024

Food & Beverage

TowerBrook Capital Partners has made a majority equity investment in AQUAchiara, a Paris-based provider of micro-filtered water dispenser solutions for hotels, restaurants and corporate clients. The investment will support AQUAchiara's growth plans — both organic and via strategic acquisitions — and advance TowerBrook's impact strategy, TowerBrook Delta.

TDR Capital Becomes Majority Owner of Asda

November 1, 2024

Retail

TDR Capital has acquired Zuber Issa's shares in Asda and become the majority shareholder with 67.5% ownership, while Mohsin Issa and Walmart remain co-shareholders. TDR said it will continue to work with Asda management to drive long-term growth, focusing on low prices, expanding convenience retail and investing in stores and online.

H.I.G. Capital Acquires Majority Stake in Naturalia Tantum S.p.A.

July 23, 2024

Consumer Products

H.I.G. Capital has acquired a majority stake in Naturalia Tantum S.p.A., a Milan-based developer, manufacturer and distributor of natural and organic beauty & personal care products. The investment, made in partnership with the company’s current management, is intended to accelerate Naturalia Tantum’s organic and inorganic growth domestically and internationally.

TDR Capital and Issa Brothers Complete Acquisition of Asda from Walmart

February 16, 2021

Retail

Funds managed by TDR Capital, alongside EG Group co-shareholders Mohsin and Zuber Issa, have acquired Asda from Walmart, with Walmart retaining a minority stake. Asda — a Leeds-headquartered, omni-channel supermarket operator with an estate of over 600 stores and a large online grocery platform — will be repositioned to drive growth, particularly through a partnership with EG Group to develop convenience retail and food-to-go capabilities.