Spanish processor Angulas Aguinaga has acquired Italian seafood supplier Deligusti as part of its plans for further consolidation and expansion in the wider European market.
The acquisition forms part of the group's 2020-2025 Strategic Plan, which will see it transform into a multinational food processing company and more than double sales to €450 million ($505 million) by the end of 2025.
The company, which last year posted sales of €220 million ($247 million), said it wants to see growth in its La Gula del Norte, Krissia, Aguinamar and Angulas Aguinaga Profesional lines but will move into new categories and sections, including the pre-prepared dishes segment.
