Global Eggs, founded by Brazilian investor Ricardo Faria, has significantly expanded its presence in Spain through the acquisition of El Granjero egg company.
While financial terms of the transaction remain undisclosed, Faria highlighted that family-owned El Granjero boasts annual revenues of €70m ($81.8m).
“This acquisition not only brings valuable production capacity but also reinforces our commitment to growth in Europe,” he added.
El Granjero will now be incorporated into Global Eggs’ European business, Hevo Group, which was established in 2022 following the integration of Dagu, Ous Roig, and Granja Agas.
Founded in the 1960s in Segovia, El Granjero is recognized as one of Spain’s leading brands in egg distribution, according to a separate statement from Hevo Group.
The company produces over 26 million dozen eggs annually, employs approximately 90 staff, and operates three production sites in San Cristóbal de Cuéllar, La Olombrada, and Campas Pero, Hevo Group added.
This acquisition enables Hevo Group to boost its capacity to over 120 million dozen eggs annually, supported by five million birds, six grading centres, and 25 farms.
In November, Faria became Hevo Group’s majority shareholder, acquiring the stake from Madrid-based Cleon Capital and Austria’s Yana Investment Partners.
The Guadalajara-based company also noted El Granjero is a leader in cage-free egg production, backed by a planned €18m investment this year aimed at accelerating the transition.
For Luxembourg-based Global Eggs, this marks its second acquisition in Spain for 2025, following the purchase of Granja Legaria in May, which added one million laying hens to its portfolio.
Overall, the conglomerate now manages a total of 43 million birds across 93 farms worldwide, including Brazil through Granja Faria, another venture initiated by Faria. Earlier this year, Global Eggs entered the US market by acquiring Hillandale Farms.
