Announced
Completed
Synopsis
BC Partners, private equity firm, completed the acquisition of Pasticceria Bindi, an Italian producer, and distributor of frozen patisserie products, for c. €200m ($220m). "Bindi is a long-established leader in the attractive Italian frozen patisserie market with an incredibly valuable brand, unique in its market, and loyal client base. The company has also developed a strong international business, reflecting its high-quality offering and strong distribution network, especially in the US. We believe there is growth potential coming from strengthening the relationship with distributors in Italy and abroad and from the international development of the brand. The Bindi family have built a business with a long and successful track record over the last 80 years, and we look forward to protecting this legacy and investing in the Company’s exciting future," Stefano Ferraresi, BC Partner.
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