Announced

21 Invest to acquire a majority stake in TheNiceKitchen.

Synopsis

21 Invest, a European investment group, agreed to acquire a majority stake in TheNiceKitchen, a group specializing in cooking and refrigeration systems for professional kitchens. Financial terms were not disclosed. “TheNiceKitchen represents an excellence of the Veneto region, a perfect blend of innovation, know-how, and design. Our goal is to promote sustainable growth, not only in terms of dimensional and market expansion but also by creating new jobs to strengthen the group’s competitiveness. The 21 Invest team will carry forward this innovation path by offering an increasingly interconnected and cutting-edge kitchen experience, the strength of made-in-Italy internationally,” Alessandro Benetton, 21 Invest Chairman and Founder.

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