Vicky Foods, the Spanish food group, has signed an agreement with peer Adam Foods to acquire the bakery brand Panrico and its production center in Gulpilhares, Portugal. The acquisition includes a 50,000 sq m facility featuring three production lines with an annual capacity of 21,000 tonnes. According to Vicky Foods, the Panrico brand recorded a turnover exceeding €23.8 million ($25.75 million) in 2023 across the Spanish and Portuguese markets. The …
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Vicky Foods
Spanish bakery manufacturer Vicky Foods has opened a new production plant in France. Located in Fragnes-La Loyere, the new facility has been created to supply the French market and neighbouring countries such as Germany, Switzerland, Benelux and Italy. With a cost exceeding €100 million ($116 million) and an initial area of 23,578 sq m, the project is described as marking a milestone in the company’s growth and consolidation strategy in …
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