Plukon Food Group acquires 100% of the shares in the Spanish company, Grupo Avícola Hidalgo

Wezep-Íscar, January 28th 2025 Plukon Food Group B.V. (Plukon) has reached anagreement for the 100% acquisition of Grupo Avícola Hidalgo, a landmark company in the Spanish poultry industry, with production facilities in the provinces of Madrid, Valladolid and Toledo.

Grupo Avícola Hidalgo is a family-owned company with over 60 years of experience in the poultry sector in Spain. From its beginnings as a local distributor in the “Sierra Norte de Madrid”, the Group has been focused on product and service quality and has grown organically to become one of the main poultry companies in the Spanish market, integrated from hatchery to the sale of the product to clients in all channels, particularly modern retail. Grupo Avícola Hidalgo employs more than 400 people, and generated revenues slightly above EUR 100 Mn in 2024.

Grupo Avícola Hidalgo specializes in high-quality fresh and value-added poultry products. The company supplies a diversified customer base, including retail, B2B, and foodservice companies in Spain. With its strategically located production facilities close to key customers and suppliers, Grupo Avícola Hidalgo ensures efficient logistics and a consistent supply of top-quality fresh products. This acquisition strengthens Plukon’s position in the Spanish market and aligns with its strategy to deliver premium poultry products across Europe.

Kees Kraijenoord, CEO Plukon Food Group: “We are proud to welcome Grupo Avícola Hidalgo to the Plukon family. Grupo Avícola Hidalgo and VMR Spain (member of the Plukon Food Group since 2020), have a track record for cooperation through their former joint-venture (today 100% owned by Grupo Avícola Hidalgo) Iberoelaborados, focused on the production of convenience value added products. This acquisition strengthens our position in Spain and aligns with our strategy to become a leading player in Europe’s poultry market. Hidalgo’s strong reputation, integrated operations, and premium products will help us accelerate growth and deliver exceptional value to our customers.”

Gregorio and Pelayo Hidalgo, Co-CEOs Grupo Avícola Hidalgo: “We are confident that joining the Plukon Food Group marks an exciting new chapter for Grupo Avícola Hidalgo. Plukon shares our dedication to quality and innovation, and we are proud to entrust the future of our company to such a strong and experienced partner. Together, we look forward to building on Hidalgo’s legacy and driving further growth and success for our employees, customers, and stakeholders.” The management team of Grupo Avícola Hidalgo, including some members of the Hidalgo family, will continue collaborating with Plukon after closing of the transaction.

Completion of the envisaged transaction is subject to approval by the competition authorities.


Plukon Food Group

Plukon Food Group is an innovative company in the European market for poultry, fresh meals, salads, meal components and alternative proteins. The company operates 38 facilities inEurope, in seven counties realized a turnover of around €3.3 billion in 2024 with 11,000 employees.

For more information, please contact:
Plukon Food Group B.V., Inge Voetdijk (Communications), +31 6 21 41 67 25
Or visit our websites: www.plukon.com or www.aveshidalgo.com

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