Grupo Empresarial Costa is continuing with its expansion and vertical integration plan with the addition of Embutidos La Nuncia to its meat holding company Costa Food Group.
The sale went through on 30 July, for which financial and legal assistance was provided by CaixaBank and Ontier Abogados for the seller and Artia Consultoría and Cuatrecasas for the buyer.
Costa Food Group continues to take strides in consolidating all the fresh and processed meat categories (both pork and the ‘Ibericos’) within the company portfolio. The incorporation of Embutidos La Nuncia complements the range on offer within a modern channel. It adds fresh and part-processed products to the current range of cooked and cured products and hams sold under the Casademont and Villar trademarks.
This move has followed on from the recent expansion of Costa Food Meat, through the purchase of the Cárnicas Solá (Gurb, Barcelona) production centre, whose a processing capacity of 75,000 tons of meat/year will enable the group to access new export markets, particularly in Asia.
Embutidos La Nuncia
Based in Casarrubíos del Monte (Toledo) and founded in 1992, La Nuncia is a family-run company engaged in the production, sale and distribution of fresh and part-processed pig products.
The company’s facilities have the capacity to produce over seven million kilos of product and are fully equipped with cutting-edge technology to produce stand-out products, including the bio, organic and additive-free ranges.
Embutidos la Nuncia produces and sells a wide variety of pig meat and ‘Iberico’ products, including their pickled and marinated, processed, ‘Iberico’ and cured ranges.
Grupo Empresarial Costa
Grupo Empresarial Costa has a presence in the agri-foods, renewable energies, automotive, chemical industry and real estate sectors. The company operates in 107 countries in the agri-foods business through Bodega Sommos and the meat holding company Costa Food Group. This latter is comprised of Piensos Costa, Costa Food Meat, Casademont and Industrias Cárnicas Villar.
Costa Food Group is one of the leading producers in the pork sector in Europe. There are over 650 farms integrated, while its companies ensure a transversal commitment to quality that is bound to comprehensive care for the product. CFG’s slogan “Natural from the start” is a clear statement of intent.
The commitment to ‘welfare’, through comprehensive care for the animals, and our philosophy based on continuous improvement have enabled CFG to become the first pork producer to achieve the ‘Bienestar Animal’ AENOR Conform for all the livestock farms and the entire production process.
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