Refresco

Successful IPO on Euronext Amsterdam

From a European juice manufacturer to a leading European independent bottler of soft drinks for A-brand owners

Investment date

2010 - 2018

Good to great

2.2x

money multiple

Increased revenue from €1.2bn to €2bn between 2010 and 2015

#1

co-packing partner in Europe by volume

Increased volumes from 3.8bn litres in 2010 to 6.1bn litres in 2015, underlining its status as #1 co-packing partner in Europe

#1

private label soft drinks and fruit juices supplier

Cemented its position as the #1 European private label soft drinks and fruit juice supplier by successfully entering the Italian market and significantly increasing market share in Germany, the UK and France through its M&A agenda

Key events under our ownership

Executed strong buy-and-build strategy, acquiring German headquartered SDI, Taja in Poland and Spumador in Italy

Grew Refresco’s production facilities to 27 across nine countries with a total of 159 production lines and a truly pan-European footprint

Merger with Gerber Emig in 2013 was transformational, enhancing the company’s presence across Europe and strengthening its capability for industry innovation

Refresco completed its IPO on Euronext Amsterdam in March 2015