InvestIndustrial acquires majority stake in Grupo Alacant

SPAIN – InvestIndustrial has signed an agreement to acquire a majority stake in Grupo Alacant, a Spanish ice cream producer headquartered in Alicante. 

Founded in 1972 by more than 30 ice cream makers, Grupo Alacant specializes in private label ice cream for modern retail clients and co-manufacturing for major branded ice cream companies. 

Its product portfolio includes bulk ice cream, tubs, cones, extrusion sticks, and sandwiches.

A report by the company indicated that Grupo Alacant generated approximately €225 million in revenue in 2024. 

The business operates four manufacturing plants located around Alicante, Murcia, and Madrid, employing approximately 850 people. 

According to the company, the acquisition is expected to reinforce its service to key customers in Spain while enhancing its industrial capabilities through significant investments. 

It also aims to accelerate international expansion through organic growth and acquisitions, positioning itself among Europe’s leading independent private label ice cream manufacturers.

Andrea C. Bonomi, chairman of InvestIndustrial’s advisory board, stated that Grupo Alacant operates in an industry well-known to InvestIndustrial due to previous and ongoing investments in the private label food sector. 

He expressed confidence that the investment would support the company’s next phase of development by strengthening its position in Spain and expanding beyond its home market. 

He further noted that Grupo Alacant is well-positioned for success with the backing of InvestIndustrial’s international development offices and operational improvement expertise.

Joaquin Lancis, CEO of Grupo Alacant, described the partnership as an opportunity to reinforce its position with key customers and expand further outside Spain. 

He emphasized InvestIndustrial’s track record in the private label food sector and stated that its experience would play a key role in supporting the company’s growth while strengthening its operational footprint. 

Lancis expressed confidence that InvestIndustrial’s contribution would enable Grupo Alacant to establish itself as a major player in the European market.

A report by InvestIndustrial indicated that the transaction aligns with its broader investment strategy in the private label food category. 

The firm has a history of supporting businesses in the sector through strategic investments and operational improvements. 

The acquisition of Grupo Alacant is viewed as a step toward strengthening its presence in the ice cream industry while fostering innovation and expansion opportunities for the Spanish company.

Terms of the transaction were not disclosed, but industry analysts have noted that InvestIndustrial’s involvement could drive Grupo Alacant’s competitiveness in the European ice cream market.

Subscribe to our email newsletters that provide busy executives like you with the latest news insights and trends from Africa and the World. SUBSCRIBE HERE

Newer Post

Thumbnail for InvestIndustrial acquires majority stake in Grupo Alacant

Oatly, Nespresso launch oat milk coffee capsules

Older Post

Thumbnail for InvestIndustrial acquires majority stake in Grupo Alacant

Rabobank warns of rising dairy production costs, market shifts

Be the first to leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *