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.