Teca, a family office, has acquired a stake in Pane Forno Italiano to support its growth strategy aimed at reaching annual revenues of 25 million euros by 2029.

Target Information

Teca, a family office associated with the Venetian Toffano Pagnan family, has acquired a stake in Pane Forno Italiano, a company based in Isola Vicentina (Vicenza) specializing in the production of frozen bread for the GDO, Horeca, and Industrial channels. This operation has been executed through the newly established corporate vehicle, Tecagrain S.r.l.

Founded in 2008 by Cristian Campesato and Alberto Morato, Pane Forno Italiano has effectively strengthened its position in the national market by combining artisanal quality with technological innovation. The introduction of the new partner aims to support the next phase of the company’s growth and development, which includes the implementation of an industrial plan targeting annual revenues of 25 million euros by 2029 and the launch of a new production line.

Industry Overview

The frozen bread market in Italy has witnessed significant growth over the past few years, driven by an increase in demand for convenient food options among consumers. With busy lifestyles leading to