Eurovo Expands Reach by Acquiring Granja Pinilla
Deal News | Apr 22, 2025 | Finance Community IT - 1 Corporate M&A
Eurovo Group, a leader in the European egg production and distribution sector, has acquired 100% of the shares of the Spanish company Granja Pinilla, based in Valladolid. This acquisition demonstrates Eurovo's strategic intent to fortify its position in the Spanish market. Eurovo was assisted in this transaction by Deloitte Legal, with its M&A team led by partner Massimo Zamorani, and was provided fiscal advice by STS Deloitte under the guidance of partner Matteo Cornacchia. For the financial aspects, Eurovo was supported by Deloitte Strategy, Risk & Transactions Advisory, directed by partner Guido Manzella. This move follows a recent acquisition of the majority stake in the UK-based company Two Chicks, further indicating Eurovo's aggressive growth strategy in the egg products market.
Sectors
- Agriculture and Food Production
- Mergers and Acquisitions
Geography
- Europe – The acquisition activity involves Eurovo, an entity active across Europe, and Granja Pinilla, based in Spain.
- Spain – The target company, Granja Pinilla, is headquartered in Valladolid, Spain.
- United Kingdom – Eurovo's previous acquisition of Two Chicks, a UK company, is mentioned, indicating the geographical diversity of its recent expansions.
Industry
- Agriculture and Food Production – The article discusses Eurovo's acquisition of companies involved in egg production and distribution, a key segment of the agriculture and food industry.
- Mergers and Acquisitions – The article details a corporate acquisition, a common activity within the M&A sector.
Financials
- 100% – Eurovo acquired 100% of the shares of Granja Pinilla.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eurovo Group | Bidding Company | Company | A European company involved in the production and distribution of eggs and egg products. |
| Granja Pinilla | Target Company | Company | A Spanish company based in Valladolid, involved in the egg production market. |
| Deloitte Legal | Legal Advisor | Company | Provided legal advisory services to Eurovo during the acquisition process. |
| STS Deloitte | Fiscal Advisor | Company | Provided fiscal advice to Eurovo with a team led by Matteo Cornacchia. |
| Deloitte Strategy, Risk & Transactions Advisory | Financial Advisor | Company | Supported Eurovo on the financial aspects of the acquisition with a team led by Guido Manzella. |
| Two Chicks | Previously Acquired Company | Company | A UK-based company specializing in the commercialization of liquid egg white products. |