Aviko, specialised in frozen French fries, has acquired the remaining 75% stake in Eurofrits, incorporating the Spanish frozen potato and snack manufacturer as a wholly owned subsidiary of the group.
The transaction was formalised by Aviko CEO Maarten van Delst and Eurofrits owner Daniel de la Pedraja Yllera.
The two companies have collaborated since 2009, when Aviko entered the shareholding structure as a minority partner. The acquisition aligns with Royal Cosun’s Unlock 30 strategy, aimed at accelerating growth in value-added categories across Europe.
Aviko expands its portfolio
With this move, Aviko broadens its portfolio in the snackables segment and strengthens its presence in the Iberian frozen food market. Eurofrits operates in Spain and Portugal under its own brand, while part of its assortment is distributed exclusively by Aviko in other European markets.
Eurofrits has recently invested more than €10 million in its Burgos production plant, enhancing both production capacity and operational efficiency. The integration will allow the group to consolidate its joint offering and expand its footprint across Europe.
RELATED NEWS: Royal HZPC Group announces acquisition of IPM Potato Group
Aviko CEO Maarten van Delst stated: “Eurofrits has been a reliable and valuable partner for many years. Its strong regional presence in Spain, combined with our scale and innovation capabilities, enables us to serve customers across Europe more quickly and effectively. This acquisition represents the next step in our collaboration and in the continuous development of our snackables portfolio.”
For his part, Eurofrits owner Daniel de la Pedraja Yllera commented: “We look back with pride on our 17-year partnership with Aviko. Full integration creates new synergies and strengthens our joint value proposition. With our modern production line in Burgos, Eurofrits is well positioned to continue growing within the Aviko group.”
