Eurocebollas has secured a new minority partnership with Portobello Capital following a period of significant growth, setting the stage for continued international expansion in the ready-to-eat food market.

Information on the Target

Founded in 1980 and headquartered in Alzira, Valencia, Eurocebollas is a premier food ingredient manufacturer that specializes in ready-to-use onion solutions for the ready-to-eat and foodservice sectors. With over 40 years of experience, the company has established itself as a leader in the industry, serving not only Spain but also over 30 countries globally.

Following a successful organic growth initiative characterized by the launch of new business lines and international expansion, Eurocebollas has managed to double its size in just two years. As a testament to its rapid growth, the company achieved €42 million in sales and €9 million in EBITDA in 2022 and is projected to continue this upward trajectory in 2023.

Industry Overview in Spain

The ready-to-eat food market in Spain is currently experiencing positive growth, attributed to shifting consumer preferences towards convenience foods. This trend is fueled by an