Portugal

Doña do Pingo Doce buys meat factory in Torres Novas from the cattle leader

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 20:26:24 UTC.

Briefings

Grupo Jerónimo Martins acquired a 115 million euro frozen meat processing plant in Torres Novas, Portugal, from Campicarn, the local leader of the bovine meat industry in Portugal. The acquisition was finalized through Best Farmer, a venture capital firm that previously invested in Campicarn in 2023. The operation is currently under competition authority review and involves the sale of approximately 13,679 cattle. The plant covers 11,000 square meters and was previously operated by Nutrigreen in Zibreira. The acquisition is part of a broader strategy to consolidate the retail group's supply chain.

Key points

• Grupo Jerónimo Martins acquired a 115 million euro frozen meat processing plant in Torres Novas, Portugal, from Campicarn.
• The acquisition was finalized through Best Farmer, a venture capital firm that previously invested in Campicarn in 2023.

Context

This acquisition represents a significant consolidation of the Portuguese meat industry, as Jerónimo Martins, through its Pingo Doce retail division, is taking over Campicarn's operations. The deal involves the sale of approximately 13,679 cattle and is currently under competition authority review.

Limitations

The evidence covers only the acquisition details, including the 115 million euro investment, the 13,679 cattle sold, and the 11,000 square meters of plant area. It does not provide information on the specific impact on local employment, the timeline of the sale, or the specific conditions of the competition review beyond the mention of the AdC.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 22:01:59 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeie67fdjjcsqjvi6djgypzmcdj5zgqi4kbq6acgyxn3qywj4lanb4e