BiaVest has acquired an 80% stake in German pasta company Riesa Nudeln, marking its first continental Europe acquisition and fourth investment in two years, aiming to capitalize on growth opportunities in the thriving German pasta market.

Information on the Target

BiaVest, the Irish-based specialist food investment group, has acquired an 80% stake in Riesa Nudeln, a leading German pasta manufacturer with annual revenues exceeding €40 million. Riesa Nudeln, located in the town of Riesa in Saxony, employs 150 people and operates a state-of-the-art manufacturing facility. The facility also features the Riesa Nudelcenter, which includes a pasta museum, restaurant, and shop, attracting over 200,000 visitors annually.

The Riesa Nudeln brand is well-established, boasting a strong retail presence in major German retailers such as ALDI, Lidl, Edeka, Rewe, Kaufland, Penny, and Netto. The company currently has an annual production capacity of 25,000 tonnes of pasta, with plans to double this output to 50,000 tonnes through a current investment initiative. Their commitment to sourcing durum wheat from local farmers and mills strengthens their market positioning.

Industry Overview in Germany

The pasta industry in Germany is a dynamic market characterized by a growing demand for diverse and high-quality products. With German consumers embracing various pasta types and cuisines, there is a notable shift towards spe