Clearwater International advises Panificadora Costa & Ferreira on its sale to Tagus Bread

Clearwater International has advised the founding shareholders of Panificadora Costa & Ferreira, on the sale of 100% of its shares to Tagus Bread. Touriga and a group of renowned investors have joined forces to support this specific investment.

With over 30 years of existence, Panificadora Costa & Ferreira is nationally recognised by the manufacturing of “Pão de Rio Maior”, the first certified artisanal bread in Portugal, well known for its crispy crust, soft and tasty interior, cooked in masonry ovens. With an industrial capacity of over 20,000 tons per year, the company is a preferred supplier to the main food retailers in Portugal.

Touriga is an independent private initiative, that invests its own capital together with a group of co-investors, on a deal-by-deal basis. The aim is to achieve solid growth and value creation partnerships in the SME landscape, with a focus on distinctive, scalable, and sustainable businesses.