Wise Equity Invests in FAS International to Boost Retail Tech Growth

Wise Equity, through its fund Wisequity VI, has announced a significant investment in FAS International S.p.A., a prominent player in the European vending machine market. The deal, finalized on February 26, 2026, is designed to bolster FAS’s growth trajectory and reinforce its leadership in the Retail Tech industry.

FAS International, founded in 1967 and headquartered in Schio, Vicenza, has evolved from a manufacturer of snack and beverage machines to a pioneer in smart vending solutions. The company leverages digital innovation and artificial intelligence to enhance consumer experiences, positioning itself as a leader in the integration of technology within the vending sector. In 2025, FAS reported revenues exceeding €58 million and an EBITDA margin above 20%.

The investment by Wisequity VI, which has a total capital of €400 million, represents the fund’s sixth acquisition since its launch in June 2023. The transaction involves Wise Equity acquiring a majority stake in FAS, with significant reinvestment from the Adriani family, alongside minority stakes held by the Boschetti and Marzotto families. Francesco Cantini, the current General Manager, will continue to lead the company as CEO.

Luca Adriani, President of FAS, expressed enthusiasm about the partnership, stating, “We appreciate Wise Equity’s industrial approach and believe they are the ideal partner to support our development and growth in the coming years.” Luigi Vagnozzi, Senior Partner at Wise Equity, emphasized the strategic fit, noting, “FAS is a reference point in the vending world, and this investment aligns with our philosophy of supporting market leaders with strong growth potential.”

The acquisition is expected to create synergies in revenue through cross-selling opportunities and expansion into new markets. Additionally, it will enhance operational efficiencies by integrating supply chains and leveraging economies of scale. FAS aims to further develop its product offerings, particularly in smart vending applications, and expand its geographic reach, especially in pharmaceutical vending.

As the deal progresses, Wise Equity and FAS will focus on aligning their corporate cultures and integrating technology platforms to ensure a smooth transition. The investment is anticipated to accelerate FAS’s growth strategy, which includes targeted mergers and acquisitions to enhance its technological capabilities.

With the retail tech sector evolving rapidly, this partnership positions FAS to capitalize on emerging trends and maintain its competitive edge. The integration of advanced AI technologies into FAS’s product lines is expected to enhance customer experiences and drive future growth.