Grupo Empresarial Costa completed the acquisition of a stake in Grupo Aviserrano.

Grupo Empresarial Costa, a multi-species food group, completed the acquisition of a stake in Grupo Aviserrano, a company in the Spanish fresh and processed chicken and turkey market. Financial terms were not disclosed. “This agreement will enable greater cost efficiency and the achievement of a €500m turnover within five years. This will include a line of fresh turkey products which will be added soon. What this transaction does is bolster the financial structure of the group, providing greater guarantees for all our ongoing projects, and means even bigger projects can be taken on,“ Alfonso Serrano, Grupo Aviserrano CEO.