# De'Longhi acquires Capital Brands Holdings for Nutribullet and Magic Bullet

De'Longhi has reached a definitive agreement to acquire Capital Brands Holdings Inc., owner of the Nutribullet and Magic Bullet brands, from affiliates of Centre Lane Partners. Capital Brands forecasts net revenues of approximately $290 million for 2020.

- Type: Acquisition
- Announced: 2020-11-23
- Where: Los Angeles, California, United States
- Status: announced
- Products: personal blenders, Nutribullet, Magic Bullet
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Centre Lane Partners](https://endata.com/companies/15007.md) (investor)
- [De'Longhi Group](https://endata.com/companies/23602.md) (acquirer)
- [Capital Brands Holdings](https://endata.com/companies/51396.md) (target)

## Sources

- [centrelanepartners.com](https://www.centrelanepartners.com/2020/11/23/delonghi-has-reached-a-definitive-agreement-with-affiliates-of-centre-lane-partners-to-acquire-capital-brands-holdings-inc-a-global-leader-in-the-personal-blenders-segment-with-the-nutribul/), 2020-11-23: "De’Longhi has Reached a Definitive Agreement with Affiliates of Centre Lane Partners to Acquire Capital Brands Holdings Inc., a Global Leader in the Personal Blenders Segment with the Nutribullet® and Magic Bullet® Brands."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.