Ardian’s Celli Looking For External Funding Amid Losses

Celli SpA, a company owned by private equity firm Ardian SAS, is hunting for third-party capital after seeing consecutive losses in recent years.

The Italian beverage systems and equipment business is seeking fresh funds after it burned cash in recent years, according to people with knowledge of the matter who spoke on condition of anonymity. In 2023, it registered a €42 million loss following a €65 million one a year earlier, according to its financial reports.

A representative for Ardian and Celli declined to comment.

Celli makes coolers, dispensers and other accessories for beverages including beer, water and ...