Aviko has acquired the remaining 75% of the shares in Eurofrits, bringing the Spanish producer of frozen potato products and snacks fully into the group.

The agreement was signed by Maarten van Delst, CEO of Aviko, and Daniel de la Pedraja Yllera, owner of Eurofrits. The two companies have cooperated since 2009, with Aviko previously holding a minority stake.

Aviko said the transaction supports Royal Cosun’s Unlock 30 strategy, which focuses on accelerating growth in value-added categories in Europe. The acquisition also expands Aviko’s position in the “snackables” segment, as the company continues to broaden its portfolio beyond core frozen potato categories.

Strategic Reinforcement Of The European Portfolio

Through Eurofrits, Aviko adds a range of snacks and plant-based products to its value-added portfolio. Eurofrits serves the Iberian market under its own brand, while part of the assortment is exclusively distributed by Aviko in the rest of Europe.

Aviko said the deal provides scope to expand and consolidate its snackables range and to respond to regional preferences and demand across Europe. It also strengthens the group’s position in the Iberian frozen food market.

Maarten van Delst, CEO of Aviko, said: “Eurofrits has been a reliable and valued partner for many years. Its strong regional presence in Spain, combined with our scale and innovative power, enables us to serve customers across Europe more quickly and effectively. This acquisition marks the next step in our collaboration and in the continued development of our snackables assortment.”

Daniel de la Pedraja Yllera, owner of Eurofrits, stated: “We look back with pride on our 17-year collaboration with Aviko. Full integration creates new synergies and strengthens our joint proposition. With our modern production line in Burgos, Eurofrits is well-positioned for further growth within the Aviko group.”

Financial terms were not disclosed.