HomeNewsGoodLife Foods to acquire Spanish frozen-food giant Audens Group

GoodLife Foods to acquire Spanish frozen-food giant Audens Group

Audens provides a range of branded and private-label products, primarily specializing in frozen snacks, appetizers, and ready meals.


OYO debuts first luxury hotel in Dubai, targets expansion of premium property portfolio

OYO, the h͏ospitality an͏d travel tech platform, has launched its first luxury hotel in Dubai, Palette Royal Reflections Hotel and Spa. This ͏mov͏e comes...
The Leela Gandhinagar Diya Menu

The Leela Gandhinagar unveils Diya’s delectable new menu with exciting additions

Diya, th͏e͏ ͏upsc͏ale͏ In͏di͏a͏n͏ specialty restaurant loc͏at͏ed ͏at ͏The Leela Gandhinagar,͏ h͏͏as rece͏ntly ͏͏ov͏͏͏er͏haule͏d ͏͏it͏͏s menu,͏͏ in͏͏͏troducing ͏a͏ variety of ͏ne͏w͏ d͏ish͏es͏͏͏ to͏ off͏er...

GoodLife Foods, a Dutch company specializing in vegetarian foods, is set to acquire Spain’s Audens Group Solutions.

GoodLife, known for its spicy beanburger and falafel products, has yet to disclose the financial details of its acquisition of Audens, a Barcelona-based company renowned for its frozen ready-meals and Portuguese culinary offerings.

GoodLife, headquartered in Breda and under the ownership of UK private-equity firm IK Partners since June last year, boasts major UK supermarkets as part of its customer base.

Continue Exploring: McCain Foods completes acquisition of Strong Roots, strengthening position in growing market for sustainable frozen foods

Audens provides a range of branded and private-label products, primarily specializing in frozen snacks, appetizers, and ready meals. Its distribution spans both retail and foodservice sectors, with a primary focus on serving the Iberian markets.

The company employs over 800 staff and operates five manufacturing plants in Spain and Portugal.

Leadership Changes

Following the transaction’s finalization, David Sala Coll, CEO of Audens, will assume the role of non-executive director at GoodLife, also serving as a strategic adviser to the Spanish division. Carles Bosch will step in as Audens’ general manager, overseeing day-to-day operations in the Iberian region.

GoodLife stated that the acquisition will lead to a “highly complementary consortium,” specializing in the production and distribution of innovative frozen food snacks and meal components throughout Europe.

Dirk Van de Walle, CEO of GoodLife Foods, commented, “We have the opportunity to establish a formidable force in the food industry, poised for success. By harnessing our combined strengths, we aim to enhance customer satisfaction, elevate operational standards, and propel growth in both established and emerging markets.”

Sala Coll further remarked, “This deal brings forth thrilling prospects for our staff, clients, suppliers, and collaborators. United, we will persist in providing outstanding appetizer solutions, upholding our steadfast dedication to quality and customer contentment.”

Rebranding and Previous Acquisitions

Before its acquisition by IK Partners last year, GoodLife was under the ownership of the Dutch investment firm Egeria.

In 2019, GoodLife Foods was established through a rebranding from Izico Foods Group, reflecting Egeria’s acquisition of UK-based Goodlife Foods in 2017.

Frederik Jacobs, a partner at IK, expressed, “We are delighted to have facilitated the union of these two companies. A cornerstone of our investment strategy at GoodLife Foods is to expedite internationalization and extend our footprint into swiftly evolving frozen food segments.”

“The merger of GoodLife Foods and Audens marks a substantial step forward in our pursuit to establish a robust and continuously expanding frozen food enterprise within targeted savory segments.”

Continue Exploring: JustDeliveries raises $1 Million to provide cold chain solutions for frozen food brands and restaurants

Latest articles

Karnataka milk prices up by INR 2; new packs offer extra 50 ml to consumers

Following t͏h͏e recent f͏u͏e͏l price hike in the state, the Karnataka Milk Federation announced...

Govt-backed ONDC to impose small transaction fee this FY: CEO Koshy

In ͏order to cover its operating ͏c͏ost͏s, the government-ru͏n͏ Open Network for Digital Commerce...

Allied Blenders IPO subscribed 0.41 times on Day 1; non-institutional investors take lead

Allied Blenders and Distillers Ltd, known ͏f͏or ͏its Officer’s ͏C͏hoice Whisky, ͏experi͏enced robust demand...

Zomato widens lead over Swiggy with 56-57% market share in food delivery sector: Goldman Sachs

Aft͏er Prosus released Swiggy's operat͏ional p͏erformance for 2023͏, Goldman Sachs, in a r͏e͏search note...

Related Articles

Zomato refutes $2 Billion acquisition offer for Shiprocket, asserts focus on existing business amidst market speculation

Zomato, a major player in the foodtech industry, has dismissed reports suggesting a $2...

Godrej Yummiez to enter South African market, targeting Q1FY25 for launch

Godrej Yummiez, the frozen ready-to-cook brand from Godrej Tyson Foods Ltd, is set to...

Tata Consumer Products mulls fundraising strategies after INR 7,100 Crore dual acquisitions announcement

Following the announcement of two potential acquisitions valued at INR 7,100 crore, Tata Consumer...
× Drop a, Hi?