French company Sibell acquires Spanish chips manufacturer Celigüeta

Spanish manufacturer of snacks and chips Celigüeta has a new owner. The French company, Sibell, engaged in the same activity as the Basque company.

French crisp maker has acquired Spanish counterpart, Celigüeta and its production plant in Victoria for an undisclosed sum.

Employing 40 staff, the 5,200 sqm plant in the southern Spanish city of Cordoba, Celigüeta has the capacity to produce 6,000 tons of chips and 1,500 tons of snacks annually.

Throught this movement, Sibell established its brand presence in Spain and this could also lead to the development of new Spanish recipes for the French market.

Sibell sights out a greater diversification in the snacking segment and is investing EUR 7.5m (USD 8.5m) in production facilities for popcorn, shrimp-flavored crisps and air-popped snacks at its Aubagne site in southern France.

Sibell’s main market is France, but the company also exports to countries such as Italy, Belgium, Germany, Switzerland, Malta, South Africa and Mexico.

Speaking to the magazine gala LSA Commerce & Consumption, Sibell President, Charles Benkemoun,said:

“In 2015 we will invest another 10 million, two of which will go to the renovation of our facilities and 8 million for the purchase of machinery that allows us to grow in double digits each year“.