PRESTIGE-96 acquired by VALEO FOODS GROUP

Valeo Foods Group agreed in March 2026 to acquire 100% of Prestige-96, the Bulgarian manufacturer of biscuits, wafers and mini cakes, from its shareholders, with completion subject to regulatory approvals in Bulgaria. It was the group’s eighth acquisition since 2022. At the time of the deal, Prestige-96 employed around 450 people and sold its products in more than 30 countries, bringing a modern production and warehousing facility into the group. Its local management team stayed in place, led by chief executive Darina Stoyanova. Valeo Foods expected to sell its own brands through Prestige-96’s retailer relationships in Bulgaria, to move into adjacent snacking categories and to widen its international reach by combining the export operations of both businesses. Spayne Lindsay & Co. advised Prestige-96 on the sale, while FSA carried out commercial and operational due diligence for Valeo Foods Group, working with its team to identify and quantify synergies.

By taking control of Prestige-96, Valeo Foods Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Freddi Dolciaria in 2025.