The Celli Group, a global leader in the beverage dispensing solutions industry, announces that it has finalized - via the UK subsidiary, Celli International - a strategic acquisition of 30% of the T&J Installations Ltd share capital, with a call option for the remaining 70%.
T&J Installations is one of the independent leading companies in the United Kingdom in the field of technical service support for the drinks dispense industry. The business has remained a family run business since its inception more than 35 years ago. With 95 employees, 7 branches and 65 technicians, they offer services to over 15,000 commercial activities in the hospitality sector including pubs, hotels, restaurants and independent brand owners throughout the UK.
This transaction allows the Celli Group to offer all its UK customers, the innovative technical assistance solutions that have already been developed and consolidated in numerous other countries, based on the ("IOT") systems and data analytics that work on proprietary algorithms.
At the same time T&J Installations, after joining the Celli Group, strengthens its competitive position, in the first market leader in the world, in terms of draft beer consumption and number of installed systems.
"We've always been obsessed with the quality of the service we provide - says Ian Jones, T&J Managing Director - and this quality has been the reason why our customers have always rewarded us. We are honoured to be able to join the Celli Group, a leading international company. This strategic acquisition provides us the opportunity to embrace new technologies providing our customers enhanced levels of service and growth within the UK market."
Nigel Farrar, the Celli UK Managing Director commented,"The Celli Group is a leader in the UK in the design and production of the "complete solution" in drinks dispense equipment. We now find it essential to support our customers in managing a business that is quite strategic for them with both equipment and technical assistance services. The acquisition of T&J Installations, with their reputation of excellence in the market, is also the best way for us to develop this part of our offering. This takes place in the middle of a particularly critical period, not only for our country but also many other countries as well. It is proof of how much Celli Group believes in the future of this market."
"The acquisition of T&J Installations - says Adalberto Pizzi, Director of the Celli Group Asset Management Division - will allow us to bring our innovative IOT solutions and advanced technical assistance services to the first market in the world for draft beer consumption, and will enable our customers to make the draught business even more efficient."
The Celli Group was assisted by Raworths Solicitors and KPMG.