De'Longhi Group

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.

De'Longhi Group will acquire 40% of Swiss espresso machine manufacturer Eversys SA, with an option to buy the remaining 60% within two to four years. The deal value is undisclosed.