Arvos Expands into Chilled Foods with the Strategic Acquisition of Père Olive
Brussels, Friday 17 April 2026
Global olive producer Arvos has acquired Belgium’s Père Olive, a strategic move into the fast-growing chilled foods sector expected to boost the group’s annual turnover to €400 million.
Strategic Market Expansion and Financial Projections
On 14 April 2026, Arvos, previously known as the AG Olives Group, finalised the acquisition of Père Olive from the French food group Labeyrie Fine Foods [3][4]. The transaction marks a decisive pivot for the Spanish-led table olive producer into the refrigerated Mediterranean products sector [1][2]. Prior to the acquisition, Arvos reported a 2025 turnover of €350 million, supported by a global workforce of over 900 employees and an annual production volume exceeding 80,000 tonnes [1]. By absorbing Père Olive, which generates annual revenues of €35 million, Arvos anticipates reaching a combined turnover of €400 million by the end of 2026, alongside an expected EBITDA of €50 million [4]. This represents a projected revenue growth of 14.286 per cent from the previous year.
Diversifying the Mediterranean Plate
The acquisition fundamentally alters Arvos’s product architecture, blending its traditional ambient shelf-stable offerings with a new portfolio of chilled goods [3]. Francisco Escalante, CEO of Arvos, noted that combining these capabilities provides retailers with enhanced consistency, flexibility, and depth [3]. The strategic move expands the company’s catalogue beyond its core table olives to include faster-growing consumer categories such as antipasti and dips [2][4].
Private Equity Pauses and Geopolitical Headwinds
Behind the operational synergies lies a complex private equity narrative. Arvos is controlled by the Escalante family and Alantra Private Equity, which acquired a 51 per cent stake in 2021 [4]. Early last year, Alantra engaged DC Advisory to seek a new financial investor, drawing acquisition interest from private equity firms TowerBrook, One Rock, and CapVest [4]. However, the sale process encountered significant friction due to shifting macroeconomic and geopolitical factors [GPT].