Sirio

What Sirio does

Sirio is an Italian catering company headquartered in Fornace Zarattini, in the province of Ravenna, that was founded in 1993 as the food service operator of Sant'Orsola Hospital in Bologna. The company runs 78 catering establishments across more than 80 locations in Italy, of which 66 are hospital concession sites forming the core institutional business, alongside franchised Burger King and CIOCCOLATITALIANI units and a proprietary Grill concept. Sirio serves roughly 18.5 million customers per year — equivalent to approximately 204,000 coffees, 78,500 pastries, and 28,800 sandwiches per week — and holds ISO 9001, ISO 14001, ISO 22000, ISO 45001, SA8000, and UNI PdR 125 certifications covering quality, environment, food safety, occupational health, social accountability, and gender equality.

The business operates a hybrid B2B/B2C model. In healthcare, Sirio generates revenue through long-duration public-sector concession contracts under Italian healthcare procurement frameworks, monetizing meals, beverages, and ancillary services to patients, staff, and visitors across 66 hospital sites. In parallel, the company operates consumer-facing QSR franchising of Burger King and CIOCCOLATITALIANI, plus its own Grill concept, capturing retail traffic at hospital-adjacent and standalone locations. Operations are supported by a workforce of more than 700 employees, and the share capital of €6,000,000 is fully paid.

Following the acquisition by Adastra Holding S.r.l. in late 2023/early 2024, Sirio completed a corporate rebranding in February 2024 and signed a joint investment agreement with Invitalia S.p.A., the Italian national development agency, in September 2024. These actions indicate a repositioning phase under new ownership, with state-backed capital supporting the next stage of growth.

Name

Sirio

Legal name

Sirio S.p.A.

Website

https://siriospa.it

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Sirio is an Italian catering company operating 78 establishments across more than 80 locations, with a core base of 66 hospital concession sites and complementary Burger King, CIOCCOLATITALIANI, and Grill franchise units, serving roughly 18.5 million customers annually.

Ownership category

akta.pro rank

Product category

Commercial Catering Services

NAICS

Food Service Contractors (72231), Caterers (722320), Limited-Service Restaurants (722513), Cafeterias, Grill Buffets, and Buffets (722514), Restaurants and Other Eating Places (72251)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812), Beverages (2080)

akta.pro primary industry

Institutional Catering (Schools, Hospitals, Government) (THAFAIAE)

akta.pro secondary industries

Catering Coordination & Bar Service Management (Non-restaurant) (HSACAAAH), Full-Service Catering (Off-Premise) (HSACAGAA), Event Catering (Weddings, Social, Private Parties) (THAFAIAB), Concession & Stadium / Arena Catering (THAFAIAG)

Keywords

• Hospital catering services
• Commercial food service
• Concession-based catering
• Franchise restaurant operations
• Event catering services

Headquarters

HQ city

Ravenna

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Hospital Concession Services: Management of bar/restaurant services within public and private hospital facilities through concession contracts. Core business representing majority of operations with 66 bar and restaurant locations in hospitals.
2. Franchise Operations: Development and operation of franchise outlets including Burger King and CIOCCOLATITALIANI brands. Sirio selected as franchisee to expand network presence in Italy.
3. Catering and Events: Custom catering services for conventions, meetings and events. Also operates Grill locations in urban areas, shopping centers and service areas.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Sirio S.p.A. designs and manages commercial catering services across Italy through three channels: (1) bar and restaurant operations inside public and private hospital facilities under concession contracts (66 locations), (2) franchise restaurants operated under Burger King and CIOCCOLATITALIANI brands, and (3) proprietary Grill quick-service outlets plus custom catering for conventions and corporate events. The core mission is providing high-quality personalized refreshment solutions for hospital users, with attention to dietary needs and social utility.

Product overview

Sirio is a commercial catering company operating 78 catering establishments across Italy, comprising a unified portfolio of food service solutions. The core business centers on hospital catering through 66 bar and restaurant locations under private concession contracts, representing over 30 years of specialized experience. The commercial arm includes franchise operations with Burger King and Cioccolatitaliani, grill services for travelers in urban centers, catering for conventions and events, and additional market and self-service formats. The company underwent rebranding in early 2024 as part of its renaissance under Adastra Holding ownership acquired between late 2023 and 2024.

Differentiator

Problem solved

Functional benefit

Brands

• Burger King (franchise): Sirio operates Burger King franchise outlets contributing to brand development in Italy.
• Cioccolatitaliani
• Sirio Café/Grill

Products and services

• Ospedaliero (Hospital Catering) Management of bar and catering services inside public and private hospital facilities across Italy, with over 30 years of experience and 66 locations. Services include coffee bars, cafeterias, restaurants, markets and self-service operations focused on patient well-being, dietary needs (intolerances, celiac disease, diabetes) and accessibility compliance.
• Burger King Franchise Operations Operation of Burger King franchise outlets in Italy, contributing to the brand's network development. Burger King has more than 11,000 restaurants worldwide. Sirio was selected as a franchisee partner for the brand's ambitious development plan in Italy.
• CIOCCOLATITALIANI Franchise Operations Operation of CIOCCOLATITALIANI (Chocolatitaliani) franchise stores, an Italian chocolate and café concept combining cocoa with ice cream, pastry, coffee and cuisine. Sirio has acted as franchise partner since June 2019 to expand the brand across Italy.
• Grill Quick-Service Locations Proprietary Grill concept providing quick, easy and satisfying food and beverage for people in large urban centers and travelers. Features modern functional design, hospitable environments and quality fast food options.
• Catering and Conventions Customized catering services for conventions, meetings and events, providing tailored food and beverage solutions for corporate and social gatherings.

Quantifiable outcome

• Serves 18.5 million+ customers annually with 204,000+ coffees, 78,000+ pastries and 28,000+ sandwiches per week

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered flagship and strategic.

• CIOCCOLATITALIANIflagshipChannel Partner/ Reseller/ Distributor · 1 June 2019Sirio selected as franchisee to increase number of Cioccolatitaliani franchise stores, contributing to brand development. Cioccolatitaliani (Chocology) represents premium chocolate, ice cream, pastry and coffee concept.
• Burger KingflagshipChannel Partner/ Reseller/ Distributor · 1 January 2012Sirio operates franchise outlets for Burger King contributing to brand development in Italy. Due to achievements and industry position, Sirio selected as partner for ambitious Burger King system development plan in Italy (network has 11,000+ restaurants worldwide). Project started with Jesolo Lido opening in 2012, followed by Venice, Ravenna, Ancona, and Rimini.
• Banco Alimentare (Food Bank)strategicStrategic or Co-development PartnerSirio partners with Banco Alimentare for daily food recovery projects to recover leftover food at end of day and distribute to those in need. Sirio also spearheads annual fundraising campaigns to raise customer awareness on food waste issues.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• ISS A/S: Danish facility services multinational with food services among its integrated offerings in Italy. Competes with Sirio on bundled facility service tenders that include catering in hospitals and large facilities.
• Sodexo: Global French multinational with significant food services and healthcare facility management operations in Italy. Competes with Sirio on large hospital tenders with deeper capital and broader geographic reach.
• Dussmann Service: German facility services and catering provider with healthcare and corporate clients across Europe including Italy. Comparable as a broader portfolio competitor offering hospital and institutional catering at scale.
• Compass Group: UK-based global contract food services and support services provider with Italian healthcare and corporate presence. Overlaps with Sirio's hospital catering offering as a global incumbent competitor.
• Elior Group: French multinational contract catering and food services group with Italian operations serving healthcare, corporate, and education markets. Larger and broader portfolio than Sirio, but overlaps in hospital and institutional concessions.

Direct peers

• Camst: One of Italy's largest cooperative catering companies, operating in schools, hospitals, corporate canteens, and event catering. Closely mirrors Sirio's institutional catering mix and Italian geographic scope, including public-sector contracts.
• Serenissima Ristorazione: Italian institutional catering company with significant hospital, school, and corporate presence. Comparable in scale and customer mix to Sirio, with overlapping bid universe on public-sector tenders in Italy.
• CIR Food: Italian cooperative/company providing institutional catering to hospitals, schools, and corporate clients across Italy. Most direct comparable to Sirio's hospital concession catering and event services model, with similar geographic focus on the domestic market.
• Pellegrini S.p.A. Italian food service and contract caterer serving corporate, institutional, and healthcare clients. Compares directly to Sirio on managed services within hospitals and corporate events catering.
• Markas S.r.l. Italian catering and facility services company operating in healthcare, education, and corporate segments. Directly comparable Italian peer with hospital concession services as part of its core offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/siriospa.it
• LinkedInlinkedin.com/company/siriospa
• Instagraminstagram.com/sirio_spa

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sirio