Helados Alacant partners support the sale of the company to the Turkish company Afendis

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shareholders Alancant GroupOne of Spain’s largest ice cream producers and supplier of Mercadona, sale of the company to Turkish fund AfendisOwner of companies such as cornflakes anyone Gelato d’Italia. This was reported by the San Vicente del Raspeig-based company itself. Consultations among 250 partnersThose who mostly spoke in favor of accepting the proposal.

From this moment on, Afendis Will do ‘due diligence’ examination of the ice cream group – that is, examination of the accounts and assets of the company – before confirm your offer definitely leads to purchase.

Grupo Alacant’s board of directors conveyed this to the general assembly of shareholders last October 20. Receiving a purchase offer He started the process of deciding whether to accept Turkish funding and held consultations for this purpose.

The shareholders of the group consist of several people 250 members, mostly artisan ice cream makers or their descendants, because the origin of the company dates back to the decision of 35 ice cream masters who came together in 1972 and decided to jointly produce.

The group’s vegan ice cream varieties. Pilar Cortés

Since then the company has grown until now One of the largest manufacturers in the sector in Spain. A career with status Mercadona supplierIt still produces most of its references in this segment for itself.

A few years ago the company decided to take an initiative. expansion process This led him to first purchase the Hungarian company For U Free From. vegan ice cream recipes based on lupine and, incidentally, the clout this firm has in the British market. In addition to going abroad, Grupo Alacant also chose to grow by purchasing its rival in Spain in 2021. La Galeta Ridges. The Madrid company owned the brands Somosierra Ice Cream And roynecontinued to integrate it into its portfolio.

With this move, the San Vicente company achieved the following: access to most national distribution, like El Corte Inglés, Dia or CarrefourThis further increased the significant presence it already had on Mercadona shelves. Grupo Alacant previously acquired the Murcian company in 2009. Europeangranized.

The group currently has four production facilities Distributed throughout Spain and It employs more than 650 people. It produces and markets a wide range of products, from bespoke creams to cones, chocolates, sandwiches or slushies, for both mass consumption and specialist ice cream parlors. Among their own brands Helados Alacant, Antiu Xixona, 4U Free From, Somosierra and Royne Private Line.

View of the Grupo Alacant factory in San Vicente del Raspeig. Rafa Arjones

Billing

Following the integration of Crestas La Galeta, the Industrial Association of Alicantinas del Helado y Derivados SA (the official name of the company) ended the 2022 financial year with a success. 176.5 million euro turnoverAccording to consolidated accounts deposited in the Commercial Register, it made a profit of 179,000 euros, 73% more than in the previous year. Group for this financial year It is expected to exceed 230 million billing, as the company’s Chief Innovation Officer María José Briceño noted in an interview with INFORMACIÓN last July.

Afendis is an investment group of Turkish origin. expert in the pharmaceutical and food industry. Its portfolio includes the pharmaceutical company Sanovel, a producer of cookies, cereals, snacks and pasta, Cerealto and Gelato de d’Italia, an Italian company specializing in high value-added ice creams that markets its products in more than 40 countries.

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