BRIEF

on Mutares SE & Co. KGaA (isin : DE000A2NB650)

Mutares Acquires Temakinho from Cigierre, Expanding into Premium Food Retail

Munich-based investment company Mutares SE & Co. KGaA announced on March 1, 2024, the successful acquisition of Temakinho, a Japanese-Brazilian restaurant chain, from Cigierre Compagnia Generale Ristorazione S.p.A., under BC Partners' control. This strategic move aims to enhance Mutares' presence in the Retail & Food segment, marking it as a new platform investment.

Temakinho is renowned for offering a unique dining experience through its blend of Japanese and Brazilian cuisines across ten directly managed locations in significant Italian cities and four franchising establishments, including airports and a site in Lyon, France. With a dedicated central kitchen near Milan for ingredient processing and a workforce of 160 employees, Temakinho reported revenues of approximately EUR 20 million in 2022. This acquisition signals Mutares' entry into the premium food retail market, highlighting Temakinho's strong brand positioning and scalable business model as key factors for future growth opportunities.

R. E.

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