First acquisition in 2024: Mutares has signed an agreement to acquire 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
  • 10 directly managed restaurants (“DOS”) plus franchising restaurants in Italy and abroad

Munich, February 16, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Temakinho S.r.l. (“Temakinho”) from Cigierre – Compagnia Generale Ristorazione S.p.A. (“Cigierre”), owned by funds advised by BC Partners. As a new platform investment, the company will strengthen the Retail & Food segment. The closing of the transaction is expected in Q1 2024.

Founded in 2012 and headquartered in Milan, Temakinho has been the Italian pioneer offering premium Japanese-Brazilian sushi, meat cuisine and drinks. Currently the company operates through 10 directly managed restaurants (“DOS”) 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. All DOS are based in central city areas with first class setting tailored by Italian artisans and inspired by the Brazilian culture. Temakinho has access to a central kitchen near Milan, where selected ingredients are processed and semi-finished products are temporarily stored and then delivered. With around 160 employees, the company generated approx. EUR 20 million revenues in 2022.

Robin Laik, CEO of Mutares, comments: “With the acquisition of Temakinho, we are further strengthening our Retail & Food segment with a well-known brand in the casual dining segment providing affordable exclusive experiences. Thanks to its scalable business, the company has a high potential to leveraging on strategic improvements. I am highly confident, that we can strengthen Temakinho’s market position and brand awareness through the planned opening of new restaurants.”