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Italian restaurant group Pellegrini acquired a majority stake of Mymenu.

1 March 2022

Fineurop Soditic acted as financial advisor to the shareholders of Mymenu in the sale of a majority stake to the Italian restaurant group Pellegrini.

Company:

Mymenu

Transaction:

Acquisition

Sector:

Agro & Food

Date:

February 1 2021

Country:

Italy

Activity:

Food delivery

Mymenu is an Italian food delivery operator focused on high-end restaurants, with a consolidated presence in several Italian cities.

Established in 2013, Mymenu was a pioneer in the food delivery sector.
It reached break-even in March 2020 and it expects to generate between Euro 4 to 6 million revenue in 2021.

Post deal, Mymenu will retain its operational independence maintaining its own brand.

This acquisition comes in a constantly evolving context, both in terms of consumption trends and work models, such as smart-working.
It will allow Pellegrini to enter new markets, to reach new clients and to widen the range of services offered to companies, employees and families, taking care of their well-being even outside the traditional workplace.

 

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