Overview
- Balfegó inaugurated a €35 million, 12,000 m² facility in L'Ametlla de Mar to replace its fire-damaged 2018 plant, featuring the world's most advanced tuna processing technology.
- The expansion doubles the company's processing capacity and supports plans to introduce prepared tuna dishes, including Asian and traditional recipes, within two to three years.
- The company reported €107.6 million in revenue for 2024, a 25% increase driven by EU regulatory changes allowing 4,500 tonnes of bluefin tuna to market.
- With 38% of its production exported to the U.S., Balfegó is mitigating tariff risks by diversifying into markets like China, Brazil, the UAE, and Europe, while exploring retail opportunities.
- The new facility includes sustainability certifications, an advanced laboratory for quality control, and a gastronomic center for developing innovative tuna-based recipes and techniques.