Paulig to Invest 42 Million Euros in New Production Facility in Spain
Paulig plans a 42 million Euro investment in a new savory snacks production facility in Spain, aiming to strengthen its position in the Tex Mex and Snacking categories across Europe. Construction is expected to begin in 2025, with production starting in 2026.
Food company Paulig plans a significant investment of 42 million Euros to establish a new production facility in Spain, focusing on its Tex Mex and Snacking product lines. This expansion is intended to bolster the company's market presence in Europe within these categories.
The construction phase is slated to commence in 2025, with production anticipated to begin in 2026. This move aligns with Paulig's international growth strategy and follows its 2022 acquisition of Liven, a Spanish snacking company. CEO Rolf Ladau stated that the new facility will also enhance the company's innovation capabilities in these sectors.
Paulig identifies the snacking category as one of the fastest-growing segments in the food industry. The company aims to accelerate profitable growth in collaboration with its trade partners, emphasizing snacks made from sustainable raw materials that can incorporate vegetables, fruits, and grains. Currently, Paulig operates snack factories in Spain and Belgium, employing approximately 340 people in Spain.
Operating in 13 countries with production facilities in six, including Finland, Sweden, Estonia, the UK, Spain, and Belgium, Paulig seeks to ensure a steady supply of high-quality, innovative snacks. The new Spanish facility aims to meet growing demand while adhering to principles of sustainable and efficient production.