April 2022 – Sale of Grupo Hemosa to Grupo Tello Alimentación

Hemosa, a Madrid-based company specialising in the production of pork-based foods from fresh to pre-cooked, has been acquired by Grupo Tello Alimentación, a leading Spain-based meat producer that operates via different well-known brands such as Tello, Frial, Sánchez Montero or Pamplonica. Hemosa’s clients include large distribution groups such as Carrefour, Lidl, Dia, Alcampo, Aldi, Covirán, Consum, El Corte Inglés, Ahorramás, Condis and Uvesco. The deal will create a group with a turnover of EUR 290 million and a 1,350 employee workforce.

SOCIOS acted as exclusive financial adviser to the shareholders of Grupo Hemosa and advised on all aspects of the design, negotiation and closing of the transaction.