Current location:home page > Food News

Europe's largest cold store will be in Spain

admin2 days agoFood News3
The Murcian company Fruveco, formerly known as Congelados Francisco Ramón, plans to open the largest…
The Murcian company Fruveco, formerly known as Congelados Francisco Ramón, plans to open the largest cold store in Europe, with a capacity of 200,000 pallets. It has required an investment of 20 million Euro and is part of a larger project for the construction of new facilities in the Industrial Park of Alhama, with an investment totalling more than 80 million Euro.

The company, based in El Raal, bought 130,000 square metres in Alhama for which it paid a little over three million Euro. The construction of the facilities started in late 2015 and the plant is expected to be inaugurated in July.

Its growth has been constant in recent years, going from invoicing 25 million Euro in 2009 to 56.2 million Euro in 2015.

This growth is what motivated the company to plan the construction of the new facilities, which will complement those of El Raal in order to meet the considerable demand for fruit and vegetable products and frozen meals. In fact, the new Fruveco plant in Alhama will triple its extension and capacity compared to the current one and will be completed with refrigeration chambers at -40 and -25 degrees, with freezing tunnels and new production and packaging lines.

With this investment, Fruveco will become the largest European frozen product processor, especially in the field of fruit and vegetables. Today it is already the leader for some products, such as onion rings, of which it is exclusive supplier for multinationals like McDonalds, Burger King and Foster's Hollywood, and it is also Europe's second biggest name in the production and sale of frozen peppers.

Related articles

Yum's China rebound dimmed by India, Pizza Hut weakness

Yum Brands Inc on Wednesday said its KFC business bounced back in China, its No. 1 market, but its s…

McDonald's shareholders approve chain's executive compensation

McDonald's shareholders approve chain's executive compensation

McDonald's Corp (MCD.N) shareholders on Thursday overwhelmingly approved an advisory measure on exec…

McDonald's, Taco Bell, KFC laggards in U.S. fast-food survey

Fast-food titans McDonald's, Taco Bell and KFC are conquering the globe, but they are losing to the…

'Healthy' positioning changing the ice cream, frozen desserts market

Considering that 90% of all U.S. households purchase frozen desserts the consumption of these produc…

McDonald's names new president for USA division

Mike Andres, a former McDonald's executive, was named McDonald's USA president effective Oct. 15, th…

McDonald's May restaurant sales up, despite still-weak U.S.

McDonald's Corp on Monday reported a small rise in global sales at established restaurants for May,…