IDAK

What IDAK does

IDAK Food Group AG is a Swiss holding company that owns and operates a portfolio of premium chilled and frozen food manufacturers across three business segments: potato products, pizza and pizza snacks, and baked goods. Founded in 2018 as IDAK Holding with the integration of KADI AG (established in 1951 in Langenthal, Switzerland), the group has expanded primarily through acquisition of regional premium food brands, including Italian pizza producer Margherita S.p.a. (majority stake, 2020), Swiss frozen bakery Romer's Hausbäckerei (majority, 2023), Italian pizza snack specialist Gusto Sorrento/Sorrento Sapori e Tradizioni (2025), and French/UK premium frozen pastry and snack group Onoré (completed January 2026). The group is headquartered in Spreitenbach, Switzerland, operates 18 production sites across Switzerland, Italy, France, and the United Kingdom, employs approximately 2,600 people, and produces over 2,100 different SKUs.

The business operates through five main portfolio companies — KADI AG, Margherita S.p.a., Romer's Hausbäckerei, Gusto Sorrento, and Onoré (which itself comprises Boncolac, Mag'M, Proper Cornish, and Cakesmiths) — each retaining its own brand identity, manufacturing operations, and dedicated sales and distribution organization. Revenue is generated through both B2B channels serving professional gastronomy (hotels, restaurants, caterers, HoReCa) and B2C retail/consumer markets, with international distribution reaching over 30 countries via Onoré. Annual production capacity disclosed by the group includes over 36,000 tons of processed potatoes, 75 million pizzas and pizza snacks, and 35,000 tons of bakery goods. Pricing is negotiated per customer/segment and is not publicly disclosed; the company does not publish a standard price list, consistent with B2B food manufacturing industry practice.

In 2024, IDAK brought TowerBrook Capital Partners on as a financial partner, with TowerBrook representatives joining the board of directors to reinforce the capital base for continued European growth. FY2024 net sales were CHF 590 million. Following the January 2026 closing of the Onoré acquisition, Christof Lehmann transitioned to the Board of Directors and Alexandre Vigneron (concurrent CEO of Onoré) became the new Group CEO, alongside a Group C-suite comprising a CFO (Philipp Fahrni), COO (Iñaki Balduz), and Chief People Officer (Doris Hämmerli). The board is chaired by François Legrain. The group remains privately held with no public listing.

Name

IDAK

Legal name

IDAK Food Group AG

Website

https://www.idak.ch

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

IDAK Food Group AG is a Swiss holding company operating a portfolio of premium chilled and frozen food manufacturers across potato products, pizza and pizza snacks, and baked goods, serving professional gastronomy and retail consumers via 18 production sites in Switzerland, Italy, France, and the UK.

Ownership category

akta.pro rank

Product category

Frozen and Chilled Food Manufacturing

NAICS

Frozen Specialty Food Manufacturing (311412), Frozen Cakes, Pies, and Other Pastries Manufacturing (311813), Frozen Food Manufacturing (31141), Food Manufacturing (311)

SIC

Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Bakery Products (2050), Food And Kindred Products (2000)

akta.pro primary industry

Frozen prepared meals & entrées manufacturing (AFAKAHAA)

akta.pro secondary industries

Frozen Entrées & Complete Meals (CRADADAA), Frozen Side Dishes (Vegetables, Potatoes, Grains) (CRADADAI), Baking Ingredients & Desserts (Flour, Mixes, Frosting, Gelatin) (CRADAAAD), Pastry, Cakes & Desserts Wholesale (AFAIAFAB)

Keywords

• Frozen food manufacturing
• Premium pizza production
• Potato product processing
• Frozen bakery products
• Chilled food manufacturing

Headquarters

HQ city

Spreitenbach

HQ country

Switzerland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Food product manufacturing and sales: IDAK Food Group generates revenue through manufacturing and selling a diverse portfolio of premium frozen and chilled food products across three business segments: potato products, pizza and pizza snacks, and baked goods. Revenue is derived from both B2B (professional gastronomy) and B2C (retail/home consumption) channels.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

IDAK Food Group AG is a Swiss holding company that manufactures and sells premium chilled and frozen food products through five principal portfolio companies: KADI AG (Swiss potato products and frozen specialities), Margherita S.p.a. (Italian premium pizza), Romer's Hausbäckerei (Swiss frozen baked goods and confectionery), Gusto Sorrento (Italian pizza snacks), and Onoré (European premium frozen pâtisserie and savoury snacks, with Boncolac, Mag'M, Proper Cornish, and Cakesmiths units). The group operates three business segments — potato, pizza, and baked goods — serving professional gastronomy (B2B) and retail consumers (B2C) across Switzerland, Italy, France, the UK, and more than 30 international markets.

Product overview

IDAK Food Group AG is a Swiss-based food company operating as a multi-brand portfolio of acquired premium food manufacturers across three core business segments: potato products, pizza and pizza snacks, and baked goods. The portfolio includes five main acquired brands: KADI AG (Swiss potato products and frozen specialities), Margherita S.p.a. (Italian premium pizza manufacture), Romer's Hausbäckerei (Swiss frozen baked goods), Onoré (European premium frozen food group with Boncolac, Mag'M, Proper Cornish, and Cakesmiths units), and Gusto Sorrento (Italian pizza snacks). The company operates 18 production sites, employs approximately 2,600 people, and generated CHF 590 million in net sales in 2024.

Differentiator

Problem solved

Functional benefit

Brands

• KADI: Swiss potato products and frozen specialities for professional gastronomy and home use.
• Margherita S.p.a.
• Romer's Hausbäckerei
• Gusto Sorrento
• Onoré
• Boncolac
• Mag'M
• Proper Cornish
• Cakesmiths

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• OnorécoreStrategic or Co-development Partner · 1 January 2026Following the successful completion of the Onoré acquisition in 2026, IDAK Food Group brought Onoré's European premium frozen food operations (pastry and savoury snacks) into the group. Onoré includes business units Boncolac, Mag'M, Proper Cornish, and Cakesmiths with 7 production sites in France and the UK.
• Sorrento Sapori e Tradizioni (Gusto Sorrento)coreStrategic or Co-development Partner · 1 January 2025IDAK Food Group acquired Sorrento Sapori e Tradizioni in 2025. Based in Eboli, Italy, the company specializes in pizza snacks and operates a 6,600 m² production facility.
• ProPizzaminorStrategic or Co-development Partner · 1 January 2024Margherita S.p.a. expanded its range with the acquisition of ProPizza in 2024, adding high-quality pinsa, focaccia, and pizza base products to its portfolio.
• Romer's Hausbäckerei AGcoreStrategic or Co-development Partner · 1 January 2023IDAK Food Group took over the majority of Romer's Hausbäckerei in August 2023. In 2025, Kern & Sammet became part of Romer's Hausbäckerei, further expanding its baked goods portfolio.
• Prodal SRLminorStrategic or Co-development Partner · 1 January 2021Margherita S.p.a. secured additional production and growth capacities with the acquisition of Prodal SRL in 2021.
• Margherita S.p.a.coreStrategic or Co-development Partner · 1 January 2020IDAK acquired a majority stake in Margherita S.p.a. in 2020. Founder Fabrizio Taddei described IDAK as the best succession solution for Margherita both personally and commercially. Margherita has since expanded through acquisitions of Prodal SRL (2021) and ProPizza (2024).
• KADI AGcoreStrategic or Co-development Partner · 1 January 2018IDAK Holding was founded in 2018 with 100% integration of KADI AG. KADI is a Swiss manufacturer of potato products and frozen specialities founded in 1951, based in Langenthal.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aryzta AG: Swiss-headquartered frozen baked goods manufacturer serving European retail and foodservice. Directly comparable to IDAK's Romer's Hausbäckerei and Onoré operations in frozen bakery/pâtisserie.
• Dr. Oetker: German family-owned food group with a major frozen pizza business (Ristorante, Gustavo Gusto) and broader frozen/pâtisserie portfolio. Closely comparable to IDAK's Margherita and Gusto Sorrento premium pizza operations across European retail.
• McCain Foods: Canadian family-owned global leader in frozen potato products supplying retail and foodservice. Directly comparable to IDAK's KADI AG in potato specialities and the group's HoReCa distribution model across Europe.
• Freiberger Group: German frozen pizza manufacturer owned by Südzucker, supplying private label and branded pizza across Europe. Directly comparable to IDAK's Margherita S.p.a. and Gusto Sorrento in frozen pizza manufacturing for retail and foodservice.
• Froneri: PE-backed (L Catterton) global ice cream and frozen dessert manufacturer with strong European footprint. Comparable to Onoré and Romer's frozen pâtisserie/snacks operations, and a fellow PE-sponsored frozen-food platform.
• Vandemoortele: Belgian family-owned frozen bakery, margarines, and culinary products manufacturer serving European retail and foodservice. Directly comparable to Romer's Hausbäckerei and Onoré in frozen baked goods manufacturing.

Broad incumbents

• Nomad Foods: London-listed European frozen food platform owning Birds Eye, Iglo, Findus, and Aunt Bessie's. A larger, broader incumbent in the same frozen-food category overlapping with IDAK's pizza, baked goods, and prepared frozen portfolio.
• Bonduelle Group: French family-controlled leader in processed vegetables (canned, frozen, fresh) serving European retail and foodservice. Comparable to KADI's frozen vegetable-adjacent specialities and IDAK's overall European frozen foodservice model.
• Nestlé (Frozen & Pizza): Global CPG giant with major European frozen pizza (Wagner, Buitoni) and frozen prepared food businesses. A much larger incumbent competing with IDAK's pizza, snacks, and frozen prepared food operations across European retail.
• General Mills: US-listed global packaged food company with a frozen meals and snacks portfolio (Totino's, Old El Paso, Pillsbury) in Europe. Comparable as a broad frozen-food incumbent, though with a less European-centric focus than IDAK.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/idak-holding-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IDAK