Tello Alimentacion buys Valle
Valle, a Madrid company specialized in Spanish fine charcuterie such as mortadella, sausages and turkey products, was bought by Grupo Tello Alimentacion who is consolidating its position in the Spanish market.
After the announcement, the company from Madrid will transfer all its production to the facilities of Grupo Tello Alimentación in Totanes, Toledo, according to CdeComunicacion website.
In the last months, Grupo Tello has invested more than €60 million in its plant in Totanes, adding a new production space of 67,000 sqm which is fitted with the latest technology. "Grupo Tello Alimentación will provide financial strength, productive capacity and commercial development to increase the status of high recognition in the markets where the Valle brand is present," the company said in a statement.
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