Project Description

Palacios

Palacios

  • Activity: Processor and distributor of Spanish tortilla, fresh pizza, frozen pastry and sausage
  • Sector: Food

  • Investment date: July 2019

  • Status: Current

  • Fund: MCH Private Equity Fund IV

Founded in 1960, Palacios is a leading producer of Spanish provenance products and other ready meals. The company has sustained a leader position in all its categories over time. It sells Spanish omelets, chilled pizza, frozen desserts and chorizo in more than 25 different countries and has a solid and longstanding commercial relationship with both retailers and foodservices. Palacios offers private label products and operates under several brands such as Palacios, Fuentetaja, Florist√°n, Alinaco, San Martin or Quijote. Additionally, it maintains co-branding agreements with global players like Unilever or Mondelez to sell frozen desserts under their strategic brands. Palacios has five production state-of-the-art sites in Spain and one in the US.