GBfoods
SECTOR: Agri-food and Beverages
Registered Global Reach
Ivory CoastNigeriaGhanaAlgeriaSenegalAfrica
History of International Operations
| Date | Operation Summary | Key Figures / Investment | Destination Country |
|---|---|---|---|
| 2025-06-27 |
GBfoods Africa, with the support of COFIDES, will invest €8,9 million in the remodeling and expansion of its stock cube production plant in Senegal to increase its capacity and exports, consolidating its position on the African continent and creating local employment.
|
€8,9M of financing | Senegal |
| 2025-06-27 |
GBfoods, with the support of COFIDES, will invest €8,9 million in expanding its stock cube production plant in Senegal. The aim is to consolidate its position in Africa, increase capacity and exports, and create local jobs.
|
€8,9M of financing | Senegal |
| 2017-05-02 |
GBfoods, in a joint venture with Helios Investment Partners, has acquired leading assets and brands in Africa, including Jumbo, Gino and Pomo, and three production plants, quadrupling its business and strengthening its presence in more than 30 countries on the continent.
|
Acquisition of 3 production plants and the addition of more than 600 workers. It manufactures more than 4.000 billion Jumbo tablets per year. | Africa, Ghana, Nigeria, Algeria, Senegal |
| 2015-11-24 |
GBfoods has reached an agreement to take control of the factory assets and human resources of its local partner in Senegal, as well as direct distribution, reinforcing its presence in its main African market.
|
Business in Africa accounts for 15% of the Group's total revenue. | Senegal |
| 2015-07-13 |
GBfoods, a Spanish food group, has created a company (Jumbo Cote d'Ivoire Industrie, SA) in Ivory Coast with a local partner to consolidate its presence in the African market, managing the production of its Jumbo brand locally.
|
GBfoods holds a 90% stake in the new company, which will have a 1.900m2 plant and a staff of 54. The business in Africa represents 15% of the Group's total revenue. | Ivory Coast |
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