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Peruvian Bakery Seeks Investors for National Expansion

by Michael Brown - Business Editor
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Peruvian Bakery Chain Seeks Investors for National Expansion

A well-established Peruvian bakery, with 44 years of operation, is seeking strategic investors to fuel its national expansion plans, according to a recent announcement. Tortas Lucas aims to capitalize on its strong brand recognition and solidify its position in the competitive Peruvian market.

The company is looking for capital to support a growth strategy focused on expanding its footprint across Peru. This move comes as the bakery seeks to modernize its business model and scale operations, building on its existing success. The Peruvian bakery sector has traditionally been viewed as relatively static, but Tortas Lucas is positioning itself as a dynamic and scalable enterprise.

Separately, María Almenara, another prominent Peruvian pastry brand, continues to expand its presence, recently opening its 21st location in the Mall Aventura Santa Anita in Lima Este. The expansion includes digital formats and stores focused on delivery and pickup, reflecting a broader trend toward omnichannel retail in the region.

María Almenara has invested $2.5 million in its expansion and is targeting cities like Arequipa and Trujillo for future growth. The company debuted outside of Lima with a fresh location in Arequipa on January 29, 2026, signaling a significant step in its national strategy.

The success of María Almenara has garnered attention, with the company becoming a case study for institutions like Harvard, MIT, and Microsoft. Grupo Man Pan, the parent company of María Almenara, is as well looking to expand into new sectors, leveraging its diversified portfolio and post-sales focus.

María Almenara currently employs over 320 people and emphasizes sustainable and socially responsible practices in its operations. This commitment extends to both product development and resource management, aligning with growing consumer demand for ethical and environmentally conscious businesses.

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