Spanish processor Angulas Aguinaga plans to invest €28 million ($33.8 million) into a new facility operated by subsidiary Linamar, the company said.
Investment into the new facility, based in Cambados, in the northern Galicia region, will roll out in three phases, and is aimed at bolstering the company's pre-cooked meal operations.
In November, European private equity firm PAI Partners took a controlling stake in Angulas Aguinaga, promising to expand the company's footprint significantly.
