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Eataly, an Italian grocer, receives €200 million from Investindustrial and signs an investment deal

Eataly is an Italian grocer and marketplace comprising a variety of restaurants offering online services. Recently, the grocer bagged 200 million euros, or roughly $194 million from Investindustrial, a private equity group, and gave the majority of stakes. Eataly has ultimately given the EU investment firm a controlling stake of 52%, and the rest of the 48% will be shared between existing shareholders, including Eatinvest (Farinetti family), the Baffigo/Miroglio family and Clubitaly (Tamburi Investment Partners). Eataly CEO Nicola Farinetti shared that the partnership will aid in developing new formats and opening more locations globally. Investindustrial injected over 2.5 billion euros into the food industry recently.

Full story: GroceryDive 

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