Italian egg producer Eurovo has announced the acquisition of a majority stake in UK-based liquid egg white brand Two Chicks for an undisclosed sum.
Founded in 2007, Two Chicks is claimed to be the first company to launch liquid egg whites in UK retail.
Eurovo supplies eggs and egg products to over 5,000 customers in more than 40 countries, reportedly generating approximately €1.25 billion ($1.4 billion) in combined revenue in 2024.
Commenting on the move, Two Chicks Egg White founders Anna Richey and Alla Ouvarova said: “We are delighted to become part of the Eurovo family business, which clearly shares the same values, passion and spirit as our own. Furthermore, we look forward to benefitting from Eurovo’s extensive and diverse production capabilities, along with their geographical reach and scale, which will enable us to achieve common goals including exciting new product development”.
Eurovo chief sales and marketing officer Federico Lionello added: “I’m truly pleased about this partnership with Two Chicks. It’s a significant step forward for both our companies: it allows Two Chicks to be directly connected to our fully integrated supply chain, and it gives Eurovo the opportunity to enter the UK market alongside a strong and visionary brand”.
Source: FoodBev