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Netherlands-based Plukon Meals Group has reached an settlement for the 100% acquisition of Redondo, an built-in poultry firm positioned within the area of Madrid, Spain.
Redondo is a second-generation family-owned enterprise that has been energetic within the poultry market since 1963. It gives high-quality poultry merchandise to clients in- and round Madrid. Redondo is an built-in poultry firm that operates a definite community of services in three completely different areas in Spain, together with feed mills, mum or dad inventory services, hatchery, rising farms and a contemporary slaughterhouse. Redondo employs about 250 folks and its revenues amounted to EUR54 million (US$58.7 million) for the yr 2022.
Plukon focuses totally on the manufacturing of premium, recent poultry merchandise for the retail markets the place it’s energetic. Redondo provides premium hen merchandise for a few of the most related retail, business-to-business and foodservice firms in Spain. Due to the strategic location of its manufacturing services, inside shut vary of most of its clients, it might probably assure the provide of high-quality recent merchandise.
Kees Kraijenoord, CEO of Plukon Meals Group, mentioned: “I’m happy to announce the acquisition of Redondo that enormously strengthens Plukon’s place in Spain. In 2020, Plukon entered the Spanish market by the acquisition of Grupo VMR and along with Redondo, this gives our group with a powerful platform for future development in Spain. This deal aligns with our ambition to grow to be a main participant within the manufacturing and advertising and marketing of poultry in Europe.”
José Luis Redondo, CEO of Redondo, added: “We’re satisfied that Redondo will proceed to develop as a part of the Plukon Meals Group, and we stay up for notice this collectively. Plukon is a powerful proprietor for Redondo and all its stakeholders, with an analogous view on high quality requirements and, subsequently, we’re proud to have achieved this milestone for the corporate.”
Along with buying Redondo and VMR, Plukon Meals Group in recent times has grown by the acquisition of Cuparius Meals Group, and Duc, in addition to turning into the bulk shareholder of Optibrut and ter Maten.
Plukon Meals Group, in response to the WATTPoultry.com High Firms Database, is the fourth largest poultry producer in Europe, having slaughtered 462.8 million broilers throughout the previous yr.
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