21 Invest announces that TheNiceKitchen (“TNK”) has acquired Krupps, marking a major strategic milestone in the group’s development in the professional cooking equipment sector. The transaction strengthens the build-up strategy launched in 2024 at the outset of 21 Invest’s partnership with TNK and accelerates the development of a fully integrated, technology-enabled industrial platform.

Founded in 1965 by Antonio Scanavin and later led by brothers Enrico and Fabio Scanavin, Krupps has evolved into a leading player in the professional dishwashing segment, offering a comprehensive range of dishwashers, warewashers, and glasswashers distributed in over 70 countries. With around 60% of its revenue generated abroad, the company benefits from a solid international growth profile.

Krupps is recognized not only for the reliability of its industrial solutions but also for its commitment to digital innovation. Its latest product generation, including the KERA line, integrates IoT and machine -learning capabilities, while digital platforms such as myKRUPPS, Krupps Remote Control, and iKloud enable advanced remote monitoring. These solutions are further complemented by Kleancode and Klean Control technologies, which support precise and efficient detergent management.

TNK is a leading professional cooking equipment group created through the combination of Modular Professional (cooking solutions) and Coldline (refrigeration). Since 21 Invest’s entry in 2024, TNK has been pursuing a focused consolidation strategy in a sector where Italian industrial know-how is globally recognized. The acquisition of Krupps strengthens TNK’s ability to deliver a fully integrated end-to-end solution for the foodservice industry, encompassing refrigeration, cooking, and washing equipment within a unified, software-driven ecosystem.

Following this transaction, TNK is set to exceed €75 million in revenue in 2025, reinforcing its position as a fast-growing, technology-advanced player in the European professional cooking equipment market.

Enrico Scanavin, who currently leads Krupps, will remain a shareholder and continue to serve as CEO of Krupps within the TNK Group.

Marco Mancuso, Partner at 21 Invest, comments: “This acquisition represents a key milestone in TNK’s evolution into a provider of fully integrated professional cooking systems. With an expanding product range, an established international footprint, and proprietary digital platforms, the group is ideally positioned to pursue its growth plan through both organic expansion and further acquisitions.”

Alessandro Bagante, CEO of TNK, comments: “The acquisition of Krupps is a highly strategic development in our journey to build a complete and connected restaurant ecosystem powered by proprietary technology.”

Enrico Scanavin, CEO of Krupps, adds: “Joining TNK and the 21 Invest network presents an exceptional opportunity to accelerate Krupps’ international growth while preserving the company’s industrial identity and heritage.”