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Katjes International acquires panettone manufacturer

The Katjes International GmbH & Co. KG Group is making further purchases in Italy, with the acquisition of Paluani S.p.A, a Verona-based company specializing in Christmas and Easter seasonal products. The Italian subsidiary of Katjes International, Sperlari S.r.l., took over Paluani’s operations as of August 1.

Paluani was the fourth largest panettone until bankruptcy proceedings were instituted in October 2021. The Italian manufacturer recorded sales of around EUR 40 million in the 2021 financial year.

“We are delighted to be able to acquire a traditional brand known throughout Italy like Paluani, to further expand our leading market position in the Christmas season,” says Tobias Bachmüller, managing partner of Katjes International.

Photo: Paluani Facebook