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Plukon to acquire Spanish poultry company Redondo
FoodBev Media

FoodBev Media

24 January 2024

Plukon to acquire Spanish poultry company Redondo

Plukon Food Group has reached an agreement to acquire Spanish poultry company Redondo. The Netherlands-based Plukon primarily specialises in producing fresh poultry products for the retail markets in which it operates. Meanwhile, Redondo provides chicken products to key retail, B2B and foodservice companies in Spain. Based in Madrid, Redondo supplies poultry products to customers in the surrounding areas. Redondo operates facilities across three locations in Spain, including feed mills, mother flock facilities, a hatchery, growing farms and a modern slaughterhouse. Employing approximately 250 people, Redondo achieved revenues of €54 million in 2022. Kees Kraijenoord, CEO of Plukon, said: “I am pleased to announce the acquisition of Redondo that greatly strengthens Plukon’s position in Spain. In 2020, Plukon entered the Spanish market through the acquisition of Grupo VMR and together with Redondo, this provides our group with a strong platform for future growth in Spain. This deal aligns with our ambition to become a leading player in the production and marketing of poultry in Europe.” José Luis Redondo, CEO of Redondo, added: “We are convinced that Redondo will continue to grow as part of the Plukon Food Group, and we look forward to realise this together. Plukon is a strong owner for Redondo and all its stakeholders, with a similar view on quality standards and, therefore, we are proud to have achieved this milestone for the company.” Terms of the transaction were not disclosed.

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