Lantmännen Unibake completes acquisition of Panificio San Francesco
Lantmännen Unibake has finalized the purchase of Italian frozen bread manufacturer Panificio San Francesco to expand its footprint in the regional retail market.
Lantmännen Unibake finalized the acquisition of Panificio San Francesco S.p.A. on November 2, 2026. The move secures a production base for the company in the Italian retail bake-off sector, marking a significant step in its expansion strategy.
Based in Codevilla, south of Milan, Panificio San Francesco has specialized in supplying frozen bakery products to the retail trade since its establishment in 2006. The company has maintained a strong regional presence, which will now be integrated into Lantmännen Unibake’s wider European operations.
This transaction allows Lantmännen Unibake to strengthen its production and distribution capabilities within Italy. The move reflects the company's broader objective of scaling its operations in key European markets by acquiring established regional players.