Embutidos La Hoguera Joins Navarran Group in Strategic Meat Industry Expansion
Deal News | Aug 07, 2025 | Iberian Lawyer
The Benito Jiménez’s Navarran business group has strategically expanded its meat division by acquiring Embutidos La Hoguera and Embutidos Sol, two prominent companies specializing in the production of cured meats. This move is part of a broader growth plan aimed at enhancing production capacities and expanding product range to effectively tackle market challenges. Embutidos La Hoguera, headquartered in San Pedro Manrique (Soria), generates an annual revenue of approximately €50 million and employs 124 people. Meanwhile, Embutidos Sol, located in La Plana de Vic (Barcelona), boasts over 200 years of tradition, producing cured meats and generating €20 million annually with a workforce of 80. Both companies will retain their existing teams, focusing on sustainable growth and quality under the Navarran Group’s philosophy. The acquisition saw NORGESTION providing financial and legal advisory services to Embutidos La Hoguera, while ABL & New York Associates advised Embutidos Sol, with Deloitte and Agnia also providing support to the Navarran Group.
Sectors
- Food Production
- Mergers and Acquisitions
- Advisory Services
Geography
- Spain – The companies involved, Embutidos La Hoguera and Embutidos Sol, as well as the Navarran business group, are based in Spain.
- Navarra – The Navarran group, leading the acquisition, is based in the Navarra region.
- Catalonia – Embutidos Sol is based in La Plana de Vic, Barcelona, which is part of Catalonia.
- Castile and León – Embutidos La Hoguera is headquartered in San Pedro Manrique, Soria, which is part of Castile and León.
Industry
- Food Production – The article focuses on companies specializing in cured meat production, an integral part of the food production industry.
- Mergers and Acquisitions – The article details the acquisition of two companies, highlighting the sector of M&A activity within the food production industry.
- Advisory Services – Multiple advisory firms provided financial and legal advice in the transactions, emphasizing the role of advisory services in M&A.
Financials
- 50 million – Annual turnover of Embutidos La Hoguera.
- 20 million – Annual revenue of Embutidos Sol.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Benito Jiménez | Owner | Person | Owner of the Navarran business group, leading the strategic acquisition. |
| Navarran Business Group | Acquirer | Company | Leading the strategic acquisition to expand its meat division. |
| Embutidos La Hoguera | Target Company | Company | Producer of hams, loins, chorizos, and torreznos, recently acquired by the Navarran group. |
| Embutidos Sol | Target Company | Company | Traditional producer of cured meats acquired by the Navarran group. |
| Congelados de Navarra | Part of Acquirer Group | Company | Part of the Navarran business group focusing on frozen foods. |
| NORGESTION | Financial and Legal Advisor | Company | Provided advisory services to Embutidos La Hoguera in the acquisition process. |
| Deloitte | Advisor | Company | Advised the Navarran group throughout the acquisition process. |
| Agnia | Advisor | Company | Assisted the Navarran group in the acquisition process. |
| ABL & New York Associates | Advisor | Company | Advised the owners of Embutidos Sol in the acquisition process. |
| Marta Vera | Financial Advisor | Person | Part of the NORGESTION team handling financial aspects for Embutidos La Hoguera. |
| Edith Astudillo | Financial Advisor | Person | Part of the NORGESTION team handling financial matters for Embutidos La Hoguera. |
| Jon Ander Munduate | Legal Advisor | Person | Legal counsel from NORGESTION for Embutidos La Hoguera. |
| Inés Uriarte | Legal Advisor | Person | Legal counsel from NORGESTION for Embutidos La Hoguera. |