In this second-to-last month of the year, the Food & Beverage team at ALBIA | IMAP,  has continued to observe strong activity across the agri-food industry. Which transactions stand out?

 

Corpfin Capital exits el Fornet after more than a decade, selling the group to Muzinich & Co. and the management team. The coffee & bakery segment remains highly active in 2025.

Idilia (ColaCao, Nocilla…) acquires UK-based Shaken Udder Ltd, entering the premium milkshake category in the United Kingdom.

Cerealto and US company Fresca Foods Inc. announce a strategic alliance to accelerate global growth in natural and “better-for-you” snacks.

Sustainable Agro Solutions S.A.U., backed by Stirling Square Capital Partners, acquires Castellón-based CODIAGRO, expanding its footprint in agricultural solutions and biostimulation. SAS continues its international growth following its recent acquisition in Brazil.

…and of course, the 🐷 meat industry boom continues:

Portugal’s Grupo Lusiaves, through its subsidiary Grupo Oblanca, acquires Avícola Segoviana S.L., strengthening its expansion in the Spanish poultry sector.

Mazana Grupo Empresarial, S.L. acquires Navarre-based Cárnicas Iruña, S.A., specialised in the pork processing business.

MAYRIT Capital Partners takes a stake in Embutidos Carchelejo, a specialist in cooked and cured meat products.

Once again, we see Spanish food groups continuing to expand into new markets, the meat industry maintaining its leading role, and financial investors showing strong appetite for the growth potential of the food sector in Spain.