NEWS

Caiado Guerreiro assists Poke House in merger

With a team led by Jorge Ribeiro Mendonça, Caiado Guerreiro advised Poke House Italia in the merger with the Portuguese chain with the same name, Poke House Portugal, founded in late 2017 by Duarte Costa and Francisco Guedes.

Poke House Italia was advised on the Italian Law perspective by the internal legal department coordinated by Giulia Bergamasco and on the Portuguese Law perspective it was advised by Caiado Guerreiro through the team led by Jorge Ribeiro Mendonça and supported by Rui Figueiredo Marcos, lawyer, and Neuza Felizardo Carreira, trainee lawyer.

Through the recently announced operation, Poke House Portugal will receive a part of the five million euro investment raised by the chain with the same name in the Italian market. The merger between the two companies gave rise to the fifth “Poke” restaurant (a Hawaiian dish with a Californian soul) in the Lisbon district, at the Colombo Shopping Centre.

The Poke House chain has opened four restaurants in Portugal in three years (Chiado, Strada Outlet, Atrium Saldanha and CascaiShopping) and has the medium and long-term goal of opening 12 shops in Lisbon and three in Porto. Following the merger with Poke House Italy, the chain will carry out a rebranding process in Portugal and create 180 new jobs next year.

Internationally, the brand has already reached Spain and the goal is now to achieve the EMEA (Europe, Middle East and Africa) market leadership in the next two years, after completing the €5 million investment. In April 2020, Poke House Italy kicked off this €5 million investment, from the Milano Investment Partners fund managed by the Moratti family, which supports the company’s plan in its ambition to expand and add 85 new restaurants to the portfolio over the next four years. Matteo Pichi and Vittoria Zanetti founded the Poke House Italia chain at the same time as the Portuguese entrepreneurs and with the same name.

posted in February 22, 2021