Vicky Foods acquired the Portuguese bakery brand Panrico and its 50,000 sqm production plant in Gulpihares, from Adam Foods. Details of the transaction were not made public.
Vicky Foods reported a turnover of EUR 536 million in 2022, a 32.3% growth compared with the results achieved in 2021. Last year, the Spanish group boosted its production volume by 6% – to a total of 203,000 tons.