The Eataly Group, a well -known Italian gastronomic market in São Paulo, has taken an important step in their financial restructuring by obtaining creditors’ approval for their judicial recovery plan. The information is from the newspaper Folha de S. Paulo.
With an accumulated debt of R $ 51 million, the company received 100% of workers, more than 70% of banks and suppliers, and 63% of micro and small believing companies. The next stage will be the judicial approval of the plan.
As part of the strategy to overcome the crisis, the group has announced that it will change its corporate name to JK Foods and leave the high standard address on Avenida Juscelino Kubitschek in Itaim Bibi, migrating to a smaller headquarters.
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During the transition period, the operation will operate in the format of dark kitchenthat is, focused on delivery via delivery, for a period of 12 months.
The recovery plan provides for different conditions for creditors: workers will receive 100% of the amount due, limited to 150 minimum wages, in two semiannual installments; Chirographer creditors, including micro and small businesses, will have a 95% discount and payment deadline of up to ten years.
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Inaugurated in 2015, Eataly São Paulo was the first of the network in Latin America and has undergone several changes in recent years, including management exchange and reforms.
However, financial difficulties aggravated by the pandemic led to the request for judicial recovery in March 2025, with the objective of avoiding bankruptcy and ensuring the continuity of the business.
