Hemosa has been acquired by Grupo Tello Alimentación
The shareholders of Hemosa have sold the company to Grupo Tello Alimentación. With this acquisition, Tello creates a group with a turnover of US$310 million and 1,350 employees. Additionally, it reinforces its presence in the retail channel as Hemosa’s clients include large distribution groups such as Carrefour, Lidl, Dia, Alcampo, Aldi, Covirán, Consum, El Corte Inglés, Ahorramás, Condis and Uvesco.
Hemosa is a family business founded in 1975 and engaged in the production and commercialization of fresh, frozen, elaborated and cured pork meat products. The company, which exceeded US$75 million in revenue in 2021, offers a wide range of products, all from pigs of Spanish origin, in diverse packaging formats, through several distribution channels, both locally and internationally.
Grupo Tello Alimentación is a leading Spain-based meat producer that operates via different well-known brands such as Tello, Frial, Sánchez Montero and Pamplonica. Tello achieved a turnover in 2021 of over US$232 million and exported 22% of its products to 50 countries.
Oaklins’ team in Spain acted as the exclusive financial advisor to the shareholders of Hemosa in the transaction.
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