publish_on 05 September 2023
Ovofit, a German company specialising in the manufacture and marketing of processed egg products, has joined the Eureden Group's egg division. With this latest acquisition, the Breton cooperative food group is pursuing its external growth strategy to develop its egg products business internationally.
On 4th August 2023, Eureden Oeuf, which groups together the egg and egg product activities of the Eureden Group, acquired the German company Ovofit.
Ovofit, located in Bavaria, 1 hour east of Munich, specialises in the manufacture and marketing of processed egg products (omelettes, pasteurised eggs, egg bites, etc.) for the German and international markets. A key supplier to major European customers, Ovofit employs 130 staff members and expects to achieve sales of around €15 million in 2022.
Eureden’s acquisition of 100% of the shares in Ovofit is in line with the strategic plan to develop the Eureden Oeuf division into egg products :
“We are delighted to welcome the Ovofit teams. Via this operation, Eureden is confirming its ambition to become, through the activities of Ovofit and PEP, the European leader in processed egg products, based on a supply chain approach and recognised expertise,” says Rodolphe Millet, Head of Eureden’s egg division.
“I am delighted to see the family company founded by my parents in 1971 join a cooperative group with strong values, whose egg product activities are complementary to our own,” says Margit Kurz-Rothmaier, current Director of Ovofit.