Gruppo Sapori Artigianali Acquires 33% Stake in Panfuwa

Deal News | Aug 05, 2025 | Finance Community IT - 1 Corporate M&A

Gruppo Sapori Artigianali Acquires 33% Stake in Panfuwa

Gruppo Sapori Artigianali, a prominent retail and hospitality group based in Milan, has expanded its portfolio by acquiring a 33% stake in Panfuwa, a Milanese startup known for its fluffy Japanese pancakes. This strategic investment is expected to bolster Panfuwa's growth not only through financial support but also by leveraging Gruppo Sapori Artigianali's extensive retail expertise. The deal was facilitated with advisory support from CDR Tax & Legal. Gruppo Sapori Artigianali operates a widespread retail network under the ODStore brand across Italy and Europe, and is also involved in the restaurant and hospitality sectors, with notable brands such as KFC under its umbrella in Milan and Lombardy. Panfuwa, on the other hand, is a growing player in the niche market of Japanese pancakes, currently operating five outlets with plans for further expansion.

Sectors

  • Retail
  • Hospitality
  • Food and Beverage

Geography

  • Italy – Both Gruppo Sapori Artigianali and Panfuwa are based in Italy, with operations extending across Europe.
  • Europe – Although based in Italy, Gruppo Sapori Artigianali's retail network spans parts of Europe.

Industry

  • Retail – Relevant because Gruppo Sapori Artigianali is a major player in the retail sector with its ODStore brand.
  • Hospitality – Pertinent as Gruppo Sapori Artigianali operates over 40 restaurant locations including KFC.
  • Food and Beverage – Relevant as Panfuwa operates in the F&B sector, specifically in the niche market of Japanese fluffy pancakes.

Financials

  • 33% – The percentage of stake acquired by Gruppo Sapori Artigianali in Panfuwa.

Participants

NameRoleTypeDescription
Gruppo Sapori ArtigianaliBidding CompanyCompanyA retail and hospitality group based in Milan, operating under ODStore and KFC brands.
PanfuwaTarget CompanyCompanyA Milan-based startup specializing in fluffy Japanese pancakes with expansion plans.
CDR Tax & LegalLegal AdvisorCompanyProvided legal advice to Gruppo Sapori Artigianali for the acquisition.