Acquisition of Chill by Alterra Capital Partners

 

We are proud to have successfully provided strategic advice to and oversight for Alterra Capital Partners – one of the largest private equity companies in Africa - who have acquired a majority stake in Chill Beverages International. Chill is one of the fastest-growing beverage companies in South Africa and already has a significant market share through its range of Score energy drinks, Fitch & Leedes premium mixers, and Chateau Del Rei sparkling wine. Chill also has market-leading offerings and a national footprint, as well as boasts world-class production facilities.

The company has manufacturing facilities in Gauteng and the Western Cape with significant production capacity. Alterra intends to further support Chill through additional marketing spend on its brands, increased focus on developing a wider Gauteng distribution network, and investment in new product development to extend its product range.

Through this transaction, Nedbank CIB Corporate Finance demonstrated leading expertise and knowledge that continues to make us a preferred and trusted strategic adviser in the beverages sector in South Africa and Africa regions. Our strategic advice and oversight of this transaction not only has significant economic benefits, but also will help Chill unlock further growth and drive its transformation journey.