AEB Group Completes Acquisition of Innotec

BRESCIA, August 3, 2017 – AEB Group, a portfolio company of SK Capital and a global leader in biotechnology solutions for winemakers, beer brewers, and other food and beverage producers, announced today that it has closed the acquisition of a majority stake in Innotec.

Innotec is a state of the art equipment manufacturer which will augment AEB’s equipment product portfolio into one of the most complete and innovative in the wine and beverage sectors. Following the acquisition, AEB will be a leading developer of technologies for the optimization of cellar management across both wine and beer industries.

“This acquisition will allow us to raise the standards of innovation and quality in the wine and beverage industries, and reaffirm AEB’s global leadership” said Mario Tomasoni, CEO of AEB. He added: “We are convinced that the knowledge and expertise we will acquire through Innotec will support the improvement of automation standards, optimizing all processes in the cellars and in beverage companies.”

ABOUT SK CAPITAL

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. SK Capital’s integrated, multi-disciplinary team utilizes its industry, operating and investment experience to help transform businesses into higher performing organizations. The firm has over $1.5 billion in third party capital under management. SK Capital’s portfolio companies generate revenues of over $8.0 billion annually and employ approximately 9,000 people. More information about SK Capital can be found at www.skcapitalpartners.com.