Latest news with #FinnLagun
Forbes
20 hours ago
- Business
- Forbes
Behind Barilla's $40M Pasta Acquisition
Dive into the extraordinary growth story of Pasta Evangelists, a London-based company that's revolutionizing the pasta market in the UK beyond. From humble beginnings in a basement, Cofounder and CMO Finn Lagun (Forbes 30 Under 30) and his team have built a multi-faceted business, now poised for global expansion. Finn Lagun's vision for a luxury pasta subscription box service was dismissed by investors as "delusional" shortly after launching in 2016. Undaunted, Lagun and his cofounders grew the business to $26 million in revenue in 2021, opened a London restaurant, and were acquired by Barilla, the world's largest pasta maker for £40 million.
Times
a day ago
- Business
- Times
Pasta Evangelists plans to open 100 new restaurants
A London-based fresh pasta specialist is defying the gloom being felt in the hospitality sector with plans to open 100 new restaurants, creating up to 1,500 jobs. Pasta Evangelists, which made its name after being rejected by Dragons' Den investors and branded 'pasta la disaster', is now looking for franchise partners as it hunts out sites up and down the country. It plans to invest more than £30 million in the new restaurants, about half of which will be 'flipping' its 'dark kitchens': food preparation hubs that service delivery and takeaway orders quickly. 'If you are just doing delivery only you can obviously only be making delivery-only cash,' Finn Lagun, co-founder and chief marketing officer at Pasta Evangelists, told The Times. 'But if you dine in as well, you get the dine-in cash, alcohol sales and offer our events like pasta-making experiences, which are very high margin.'
