Solina completes acquisition of Grama Aliment
11 Sep 2017 --- Solina, a European producer of savory ingredients for the food industry, has announced the completion of the acquisition of Grama Aliment from its management. Headquartered in Olot, Catalunya – Spain, Grama Aliment is a key player in the food ingredients market in Spain.
One of the founders, Mr. Ramon Antolin Carbonell will stay in the management of the company.
For Solina, the acquisition represents a new step in its external growth strategy in the European food industry.
Laurent Weber, the CEO of Solina Group, says: “Grama is a great company which has developed an impressive customer network and is known for its innovation capabilities in the meat business. It is led by an entrepreneurial team which has built an impressive portfolio of solutions and seasoning offers.”
“This deal allows Solina to further expand its network towards the South of Europe. We are committed to expanding across Europe through a build-up strategy in all major markets, and this acquisition perfectly fits our network of service centers across the continent and beyond. Customers of both groups will benefit from what will be the largest R&D and production network in Europe.”
“We are determined to remaining a highly innovative, service and customer-orientated, as well as an agile company. Being a larger size means that we will be able to make our procurement process more efficient, as well as offering unique growth opportunities for our preferred suppliers,” explains Weber.
Joaquim Vives, Solina Iberia Country Manager, declared: “Grama is a combination of talents and customers, all passionate about meat. Grama will be a platform offering all Solina services available in B2B, Food Service and Butchers markets in Spain for meat, prepared meals, snacks and sauces.”
The parties have agreed not to disclose the transaction value. Solina was advised by RSM while Grama Aliment was advised by Herrero Clusellas Advocats and TAX Economistes i Advocats.
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Solina is a leading global partner for the food industry that has the local knowledge and global scale to address the most significant and pressing challenges. We design customized ingredient solutions for our clients operating in the food industry, food service, butchery and nutrition markets. We want to contribute to the production of food that is delicious, nourishing, affordable, sustainable and convenient. We work with more than 18,000 customers from all corners of the food industry. Our community of over 2,200 people share a passion for food and an entrepreneurial spirit.
The solutions we generate contribute to the production of food concepts that deliver on culinary taste, enhanced nutrition and functional performance. Our offer goes beyond just providing products as we deliver products in combination with unrivalled customer services to exceed expectations. At Solina, we make food matter.
