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Alliance Etiquettes, a French group owned by Chequers Capital, has acquired Tonutti, an historical company active in the production of premium labels for the wine and spirits sector, from the Tonutti family which will reinvest in the group and continue to manage the company.

Founded in 1945 and based in Fagagna (UD), Tonutti produces labels for the food & beverage market and it is specialized in the high quality wine and spirits sector, producing more than 200 million labels per month and selling them to tier-1 Italian and French brands. DVRCAPITAL acted as financial advisor to the sellers | December 2022


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