Kereon has acquired a majority stake in Qualityfry, aiming to enhance its growth and international reach in the automated cooking solutions market.

Information on the Target

In March of this year, Kereon successfully acquired the majority stake in Qualityfry from Criteria-Caixa Risc, positioning Kereon as the primary shareholder. Qualityfry specializes in innovative cooking solutions that cater to the food-service industry, focusing on automated cooking processes that emphasize quality and sustainability.

The company has shown remarkable growth over the past year, achieving a revenue increase of over 30% in 2023. Qualityfry has established partnerships with notable clients such as Shell gas stations, La Piadineria retail-food chains in Italy and France, and El Jamón supermarkets, reinforcing its status in the market.

Industry Overview in the Specific Country

The food-service industry has been undergoing significant transformations in recent years, particularly in Spain where Qualityfry is based. The rising demand for automation, effi