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Angulas Aguinaga CEO Ignacio Munoz was alerted to rising raw material costs well before Russia's invasion of Ukraine in February.

COVID-19 fallout, consumer spending cloud hang over Spanish processor's growth plans

Angulas Aguinaga's bold plans to double sales to €450 million ($444 million) by the end of 2025 could be jeopardized by the cost of living crisis sweeping the globe.

8 September 2022 6:26 GMT Updated  8 September 2022 7:18 GMT
By John Evans

Months into the COVID-19 pandemic in June 2020, Spanish processor and surimi producer Angulas Aguinaga launched a plan aimed at turning it into a multinational food processing company with the goal of more than doubling sales to €450 million ($444 million) by the end of 2025.

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