BKNO, a company controlled by Blooming Group and active since 2017 as a Burger King franchisee, has acquired 100% of Arilica Food and Beverage, a leading company in Lombardy and Veneto with 9 Burger King branded stores. With the acquisition of Arilica’s restaurants, BKNO thus becomes the largest Italian franchisee for Burger King, surpassing Autogrill in terms of the number of stores, with 18 outlets generating a turnover exceeding 25 million euros. This is an important operation for the group, confirming its expansion in a complex and constantly changing economic context. The operation was financed by Illimity bank, assisted in the transaction by the Chiomenti law firm for legal aspects.
Blooming Group was assisted by Nash Advisory as financial advisor, by the Weigmann law firm and lawyer Savasta Fiore for contract negotiations, and by KPMG and the associated firm Bontempo and Law Sharing for accounting, tax, and labor due diligence.
Blooming Group SpA is an industrial group in the food & beverage sector. Founded in 2017 with the creation of BKNO, it is now the Italian leader in the retail sector with the brands Burger King, Befed, Il Barbiere, and its own brands Lab, Il Barotto, and Gallo’s.
“We nurture brands” is the claim that guides its development, territorially widespread in the main regions of Northern Italy. A strong focus on sustainability and the centrality of people complete the values of the group, which counts over 500 employees.
An experienced management leads the company with the strong ambition to grow, supporting employment and the development of the territories in which it operates.