Italian egg and egg products specialist Eurovo is consolidating its position as a European market leader through a series of acquisitions and strategic partnerships, as it targets growth in an increasingly integrated global food sector. The company’s medium-term expansion strategy is seen as a critical lever for long-term competitiveness.
SPANISH PUSH: EUROVO ACQUIRES GRANJA PINILLA
In Spain, Eurovo has acquired Granja Pinilla, a family-run business with more than 70 years of experience in egg production. Based near Valladolid, the company operates a vertically integrated model, overseeing all stages of production — from feed manufacturing and poultry farming to egg grading and packaging.
Granja Pinilla runs three production sites and a dedicated grading and packing facility and manages more than one million laying hens. It employs around 80 people and generates annual revenues exceeding €40 million.
The acquisition cements Eurovo’s position as the third-largest egg producer in Spain. The Italian group has been present in the Spanish market since 2004 through its subsidiary, Marco Polo Comercio, which operates six farms and two processing facilities for egg products and shell egg packaging. The integration of Granja Pinilla is expected to reinforce Eurovo’s existing operations, deepen relationships with Spanish customers, and open new export channels.
UK ENTRY: EUROVO TAKES STAKE IN TWO CHICKS
Founded in 2007 by Anna Richey and Alla Ouvarova, Two Chicks is claimed to be the first company to launch liquid egg whites in UK retail. The deal with Eurovo strengthens a long-standing relationship between the two businesses, which began in 2015.
Two Chicks products are stocked in major UK supermarkets, including Sainsbury’s, Tesco, and Lidl, and are also sold in international markets such as France, the Netherlands, Luxembourg, and the UAE. The acquisition is expected to support further international growth and product development. Founders Richey and Ouvarova will remain at the helm of the company and continue as shareholders.
Federico Lionello, chief sales and marketing officer at Eurovo, said: “I’m truly pleased about this partnership with Two Chicks. It’s a significant step forward for both our companies: it allows Two Chicks to be directly connected to our fully integrated supply chain, and it gives Eurovo the opportunity to enter the UK market alongside a strong and visionary brand. I’m also happy that Anna and Alla will continue to lead the company – working together will be a real asset for our shared future.”
SCALING UP IN A CONSOLIDATING SECTOR
Eurovo’s expansion drive continued into early 2025 with two further acquisitions: Hulstaert NV, a Belgian producer of liquid egg products for the industrial and food service markets, and Waffelman Srl, a Tuscan company specializing in pancakes and waffles. The moves underscore the group’s ambition to diversify its portfolio and deepen its reach across core and adjacent categories.
“Our recent acquisitions form part of a broader strategic plan to consolidate our presence in key European markets such as Spain and the UK,” says Siro Lionello, chief executive of the Eurovo Group. “With an integrated supply chain and over 25 years of international experience, scale is no longer optional — it is essential to gaining market share.”
With the latest deals, Eurovo has added 110 employees to its workforce — a tangible marker of its growing footprint.
As the egg and egg products industry undergoes a phase of consolidation, Eurovo sees scale not just as a competitive edge but as a prerequisite for long-term resilience. The company plans to continue its expansion through carefully selected acquisitions, positioning itself as “a reliable partner for customers and a benchmark in egg-based products for consumers.”
In 2024, Eurovo generated revenues of roughly €1.25bn, serving a network of around 5,000 customers across more than 40 countries. The group now operates 28 production facilities throughout Europe.