Food and Beverage Business
Finance

Grupo Apex, a snacks maker, acquires a new factory in Spain

Grupo Apex, a snacks maker, acquires a new factory in Spain Savoury Snacks Food and Beverage Business

Grupo Apex, a Spain-based snacks business, has acquired a new plant in the La Rioja region of the country. The company plans to reopen a former Patatas Lahera factory located in the town of Alesón, which was closed in 2021. The new facility will be dedicated to the production of French fries and is scheduled to restart production next month. In a statement, Grupo Apex estimated the move will generate “more than 50 direct jobs”.

The company, which has ten sites in Spain, directly employs more than 550 staff and generated a turnover of €135m ($147.5m) in its 2023 financial year. Grupo Apex’s portfolio includes brands such as Aspitos and Mikso.

In June, the group completed the acquisition of local crisp maker Santo Reino, adding to its already active M&A record in recent years. Previously, Grupo Apex bought the Pop Up popcorn brand from Mexican bakery giant Grupo Bimbo, as well as Spanish peer Viube Foods, a manufacturer of vegetable crisps. In 2021, the company also acquired the potato chips and nuts business of Aperitivos Medina in Madrid, and Productos Emilio Arias Lizano, which manufactures peanuts, hazelnuts, sunflower seeds, and pumpkin seeds.

Additionally, those interested in learning more about Grupo Apex can access comprehensive Company Profiles on GlobalData, which can potentially provide a competitive edge in the food and beverage industry. Visit the GlobalData store to view profiles.

Related posts

SemCap invests in Aloha plant-based protein snacks and drinks business

FAB Team

Bridgetown Natural Foods to Open Second Snacks Plant in the US

FAB Team

Laurens Spethmann names ex-Nestlé and Unilever executive as CEO

FAB Team