Food and Beverage Business
Finance

Aviko Acquires Majority Stake in Spanish Competitor Eurofrits

Aviko Acquires Majority Stake in Spanish Competitor Eurofrits Aviko Food and Beverage Business
Aviko CEO Maarten van Delst (left) and Daniel de la Pedraja Yllera (right). Credit: Aviko/LinkedIn

Dutch potato-products supplier Aviko has expanded its presence in the food and beverage industry by acquiring full control of the Spanish frozen-food manufacturer Eurofrits.

Previously holding a 25% stake, Aviko has now purchased the remaining 75% ownership. The financial details of the transaction remain undisclosed.

The acquisition was announced via a LinkedIn post, where Aviko emphasized that this strategic move “strengthens its position in snackables.”

Aviko CEO Maarten van Delst stated, “Eurofrits has been a reliable and valued partner for many years. Its strong regional presence in Spain, combined with our scale and innovative power, enables us to serve customers across Europe more quickly and effectively. This acquisition marks the next step in our collaboration and in the continued development of our snackables assortment.”

Since its inception in 1995, Eurofrits has operated within the appetizers category, with its production facility located in Burgos and a sales office in Pozuelo de Alarcón, near Madrid. The company supplies products under its own brand in Spain and Portugal while distributing part of its assortment exclusively through Aviko in other European markets. Notably, Aviko and Eurofrits have collaborated since 2009, demonstrating a longstanding commitment to growth in the food and drink business.

Eurofrits owner Daniel De La Pedraja Yllera expressed pride in their 17-year partnership, noting, “Full integration creates new synergies and strengthens our joint proposition. With our modern production line in Burgos, Eurofrits is well positioned for further growth within the Aviko group.”

Aviko indicated that this acquisition enhances its diverse range of snacks and plant-based products, aligning with its overarching goals in the food and drink consumer trends space.

As part of agricultural cooperative Royal Cosun, Aviko’s acquisition aligns with the parent company’s Unlock 30 strategy, which focuses on further portfolio expansion and diversification. Cosun CEO Hans Meeuwis remarked, “With the proposed acquisition of the Spanish company Eurofrits, we are strengthening our leading position in value‑added products within the Aviko portfolio, an important growth area for Cosun. This aligns seamlessly with our international growth ambitions in delicious, nutritious, and circular products.”

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