PASTICCERIA BINDI acquired by BC PARTNERS

BC Partners agreed to acquire Pasticceria Bindi S.p.A. from its founding family owners, marking a significant strategic investment in the Italian frozen bakery sector. This transaction follows BC Partners' prior acquisition of Forno d’Asolo in 2018, underscoring the private equity firm's interest in capitalizing on the global appeal of high-quality Italian food products. The rationale for the acquisition is centered on accelerating Bindi's growth trajectory. BC Partners plans to support the company's management in pursuing an ambitious expansion strategy. Key initiatives include broadening the existing product portfolio, innovating with new patisserie items, and significantly growing international sales, particularly by leveraging Bindi's strong foothold in the United States. Furthermore, the acquisition positions Bindi as a platform for market consolidation through subsequent strategic acquisitions in Italy and abroad. For the Bindi family, the partnership with BC Partners ensures business continuity while providing the capital and strategic support necessary for robust international expansion. The existing management team, including the General Manager and a member of the founding family in a non-executive capacity, will remain to guide the company's future development and protect its brand legacy.