Portugual’s Grupo Lusiaves Buys Majority Of Spanish Poultry Peer Oblanca

Through nan deal, Oblanca hopes to further summation nan beingness and distribution of its in-house nutrient offerings. Credit: Grupo Oblanca.

Portuguese poultry group Grupo Lusiaves has struck a woody to get a mostly liking successful Spanish adjacent Oblanca.

The financial position of nan transaction were not disclosed.

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In a statement, Oblanca said nan deal, which came into unit connected 1 October, represents a “long-term opportunity” for some parties.

According to nan León-headquartered company, nan “resulting group will go 1 of nan starring operators” wrong nan poultry manufacture connected nan Iberian Peninsula.

Oblanca itself has grown its operations done a bid of acquisitions. Last month, Oblanca announced nan acquisition of Distribución Frigorífica Segoviana, focused connected nan accumulation of caller chickenhearted portions, processed poultry goods, and ovum distribution.

Distribución Frigorífica Segoviana chiefly operates successful nan Autonomous Community of Madrid via location proviso networks, while besides supporting wholesalers across Spain.