Transaction

Panike acquires Couto & Brandão

Transaction

Panike acquires Couto & Brandão

Buy-side

Undisclosed

Rôle

Adviser to Panike on its acquisition of Couto & Brandão

Secteur

Food & Beverage

Région

Portugal

We have advised Panike, a leading Portuguese Company in the frozen bakery and pastry sector, on its acquisition of Couto & Brandão, a manufacturer of frozen savoury snacks. 

With over 35 years of history, Couto & Brandão is a Portuguese manufacturer of traditional frozen snacks, namely “Bolinhos de Bacalhau” and “Rissóis”. Headquartered in the north of the country, the company operates a 4,600 sqm production facility, supplying the leading food distribution players in both domestic and international markets.

Founded in 1986, Panike is a Portuguese manufacturer of frozen bakery and pastry products, with its most renowned products being the chocolate “Panike” and “Pastel de Natal”. Panike’s strategy focuses on delivering exceptional taste, nutritional balance, and the rich traditions of Portuguese baking, enabling consumers to enjoy wholesome, delicious food.

This acquisition marks a significant milestone for Panike, enabling the company to expand its portfolio of products into the traditional frozen savoury sector. Panike is the ideal partner for Couto & Brandão’s next growth phase, ensuring long-term value creation for all stakeholders. With a strong global presence, Panike is committed to expand this “tasty secret” to other international markets.

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We are very excited for Couto & Brandão’s new growth phase. Clearwater provided invaluable support throughout the negotiation process, enabling us to successfully close this deal. We would like to thank the team for helping us achieve this goal.

Henrique Soares, CEO, Panike
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We are delighted to have supported Panike® on the acquisition of Couto & Brandão, a transaction that represents an important step forward in Panike’s business strategy. We look forward to seeing Panike continue to strengthen its position as a key player in the sector.

Rui Miranda, Partner, Clearwater

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