Food & Ingredients International April 2024
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Paulig intends<br />
to make<br />
a 42 million EUR<br />
investment<br />
in Tex Mex<br />
and Snacking<br />
production<br />
in Spain<br />
Paulig aims to<br />
strengthen its position<br />
in the Tex Mex and<br />
Snacking categories in<br />
Europe with a 42 million<br />
EUR investment into<br />
new savoury snacks<br />
production facility in<br />
Spain. Paulig expects<br />
to start building<br />
the factory in 2025<br />
and production to<br />
commence in 2026.<br />
“This investment marks an important step in the<br />
execution of our international growth strategy.<br />
It will further strengthen our position in the Tex<br />
Mex and snacking categories in Europe after<br />
the acquisition of the snacking company<br />
Liven in Spain in 2022. It will also increase the<br />
company’s innovation capabilities in these<br />
categories”, says Rolf Ladau, CEO of Paulig.<br />
4 FOOD & INGREDIENTS INTERNATIONAL APRIL <strong>2024</strong>