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Piccolo Me Parent Pays Attention to Adelaide with Bean Bar Buy

Piccolo Me Parent Pays Attention to Adelaide with Bean Bar Buy

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Fabe Group expands its multi-brand food and beverage portfolio with the acquisition of South Australia’s Bean Bar, setting the stage for deeper market growth.

Piccolo Me’s parent company, the Fabe Group, has expanded its presence in the Australian cafe market with the acquisition of South Australian chain Bean Bar. The deal, finalised earlier this year, brings five Adelaide locations into the Fabe portfolio as it builds momentum in regional markets. The move reflects a strategic intent to combine established local brands under one broader franchising network to drive growth and operational support.

Founded in Adelaide in 2001, Bean Bar has developed a loyal following for its coffee and casual menu offerings. With four franchised stores and one company-owned location, the business adds depth to Fabe’s existing food and beverage brands, which include Piccolo Me, SolBowl and Go Dark. The acquisition provides Piccolo Me with an established footprint in South Australia and immediate access to local franchise experience.

The former owner of Bean Bar, Nitin Jakhwal, will remain with the company as State Manager. In this role, he will oversee day-to-day operations, support current franchisees, and contribute to growth initiatives in the state. Jakhwal expressed enthusiasm for the transition, noting his confidence in the energy and passion that Fabe brings to the brand’s next chapter.

Fabe’s Group General Manager, David Ciantar, said the acquisition aligns with the company’s broader growth strategy and complements its planned store openings in other regions. Leadership has emphasised continuity and support for existing franchisees during the handover period to ensure stability and business momentum.

The acquisition also contributes to Fabe’s national scale, lifting its total store count and reinforcing its position as a multi-brand operator in the competitive cafe sector. With plans to expand Piccolo Me to at least 20 stores in the Adelaide area over the next three years, the group is signalling confidence in both local demand and franchisee appetite for growth in Australia’s thriving food and beverage landscape.

Key Facts:

Acquisition DetailsPiccolo Me acquired Bean Bar, enhancing its presence in South Australia.
Store CountBean Bar operates 5 stores: 4 franchised and 1 company-owned.
Rationale for AcquisitionPiccolo Me aims to establish a stronger footprint in South Australia.
Growth PlansDavid Ciantar targets 20 stores for Piccolo Me in Adelaide over the next 3 years.
Fabe Group PortfolioFabe Group owns Piccolo Me, SolBowl, Go Dark, and now Bean Bar.
Management TransitionNitin Jakhwal stays on as State Manager to support Bean Bar's franchisees.
Fabe's Acquisition HistoryFabe acquired SolBowl in August 2024, growing its store count from 3 to 8.

Disclaimer:

If any facts in our articles are incorrect or you would like an article removed please email us at news@gorilladash.com.

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