PINTAUDI acquired by FRIULIA
Context
Friulia has completed a strategic investment in Pintaudi S.r.l., the premium bakery subsidiary of Polo del Gusto (Riccardo Illy). Following the transaction, Polo del Gusto retains control with 63.4% (diluted from 97.5%), while founder retains a 2.5% minority stake. The capital injection is aimed at supporting production volume growth, meeting increasing market demand, and maintaining the high artisanal standards of the brand.
PINTAUDI, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).
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Target
Founded in 2004 by Giuseppe Pintaudi as a small pastry laboratory, Pintaudi S.r.l. has evolved into a premium manufacturer of baked goods. Based in Trieste (Noghere zone), the company specializes in high-end "Fette Biscottate" (rusks) and artisanal biscuits. Since 2021, it has been part of "Polo del Gusto," the sub-holding of the Illy Group dedicated to non-coffee premium brands. In 2024, Pintaudi moved to a larger production facility to expand its capacity while maintaining artisanal quality, introducing new lines of leavened products for special occasions. The company holds BRC and IFS certifications, catering to the premium retail channel.
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REFERENCES
Revenue range: 0M - 5M EUR
EBITDA range: 0M - 5M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: pintaudi
Acquirer: friulia