Spanish processor Angulas Aguinaga appoints financial director. Spanish processor, Angulas Aguinaga. Photo: Angulas Aguinaga/Linkedin

Spanish surimi producer and food processor Angulas Aguinaga has appointed Carlos Ordonez as financial director and to the company's management committee.

Ordonez has spent nine years Angulas Aguinaga, where he has been in charge of managing financial controlling and reporting.

Prior to joining the company, he held a management position at ​​Deloitte in Guipuzcoa, Spain.

Earlier this month, European private equity firm PAI Partners took a controlling stake in Angulas Aguinaga.

Shortly after, Portobello Capital, which also holds a stake in the group, announced a new investment fund of €350 million ($413 million) to promote the growth and internationalization of two of its portfolio companies, including Angulas Aguinaga.

Angulas Aguinaga holds some of the most well known brands in Spain, including La Gula del Norte, Krissia and Aguinamar.

In June, Angulas Aguinaga launched a strategy aimed at turning it into a multinational food processing company and more than doubling sales to €450 million ($531 million) by the end of 2025.