Lantmännen Unibake has acquired Panificio San Francesco, enhancing its strategic position in the European bakery market, particularly in the frozen bread segment.

Target Information

Panificio San Francesco S.p.A. (PSF) is a distinguished Italian company specializing in the production of frozen bread for large-scale retail channels. Founded in 2006, PSF has established itself as a key player in the high-quality industrial bread segment. Over the years, the company has built a reputation as a reliable partner for major retailers due to its diverse product range, adherence to high-quality standards, and a strong emphasis on production efficiency and food safety.

PSF's trajectory has been marked by substantial growth and innovation, including significant investments in technology and digital processes aimed at enhancing production capacity. The company has experienced remarkable financial performance, doubling its revenues since its initial investment period and achieving profitability levels that surpass industry standards.

Industry Overview

The Italian bakery industry, particularly in frozen products, has seen notable expansion driven by increasing demand for convenience foods and advancements in production technology. The shift towards frozen bread products has gained tr

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Lantmännen Unibake

invested in

Panificio San Francesco

in 2025

in a Merger deal

Disclosed details

Revenue: $1,599M

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