Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners
- Well-known restaurant chain offering Japanese-Brazilian cuisine through premium locations
- Strengthening the Retail & Food segment as new platform
- Revenues of approx. EUR 20 million with excellent growth opportunities
Munich, March 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Temakinho S.r.l. (“Temakinho”) from Cigierre – Compagnia Generale Ristorazione S.p.A. (“Cigierre”), owned by funds advised by BC Partners. The company will strengthen the Retail & Food segment as a new platform investment.
Temakinho is a restaurant chain providing premium Japanese-Brazilian sushi, meat cuisine and drinks through 10 directly managed restaurants located in Italy (Milan, Rome, Bologna and Florence) and 3 franchising restaurants in Italian airports (2 in Rome Fiumicino and 1 in Milan Linate) and 1 franchising in Lyon, France. Temakinho has access to a central kitchen near Milan, where selected ingredients are processed and semi-finished products are temporarily stored and then delivered. The company is headquartered in Milan, employs 160 staff and generated revenues of approx. EUR 20 million in 2022.
With Temakinho, Mutares is entering an attractive market in the premium food retail sector. The company has a very good brand positioning and a scalable business model, both via directly operated stores and via franchising, with high potential returns, offering excellent growth opportunities for the future.