InvestIndustrial has acquired a majority stake in Grupo Alacant, a leading Spanish ice cream manufacturer, to enhance operational capabilities and expand market presence across Europe.

Information on the Target

InvestIndustrial, a prominent global private equity firm, has acquired a majority stake in Grupo Alacant, a leading ice cream manufacturer based in Spain. Established in 1972 in Alicante, the company specializes in producing private label ice cream products for retail clients, as well as co-manufacturing for major international brands. Its diverse product line includes tubs, cones, bulk ice cream, and sandwiches, catering to a wide array of consumer preferences.

In 2024, Grupo Alacant reported impressive revenue of €225 million, employing approximately 850 individuals across its four manufacturing facilities located in Alicante, Murcia, and Madrid. This acquisition signifies a crucial advancement for the company as it seeks to solidify its presence in the Spanish market and expand its reach throughout Europe via both organic growth and strategic acquisitions.

Industry Overview in Spain

The ice cream industry in Spain has shown considerable growth over the past few years, driven by increasing consumer demand for innovative and high-quality frozen dessert options. Alongsid