Dutch poultry group Plukon buys Spain's Redondo.

Dutch poultry company Plukon Food Group has acquired Spanish poultry business Redondo for an undisclosed amount. This acquisition strengthens Plukon's presence in Spain, following its previous acquisition of Grupo VMR in 2020. Redondo, a family-owned company based in Madrid, operates multiple facilities in Spain and had revenues of €54m ($58.8m) in 2022. Plukon aims to become a leading player in the European poultry market and sees this deal as a platform for future growth. Redondo's CEO expressed confidence in the partnership and highlighted the shared commitment to quality standards. Plukon had a turnover of €2.8bn in 2022 and previously acquired a majority stake in JA ter Maten Holding. [Extracted from the article]

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