Panrico's asset
Panrico

@panrico.com

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About

Description

Pan Panrico, known simply as Panrico, is a Spanish bakery company founded in 1961. It was initially established as a collaboration between the Spanish company La Españolita and the American multinational Pillsbury. Over the years, Panrico has become a prominent player in the bakery industry in Spain and has expanded its operations globally.


The company's headquarters, located in Barcelona, Spain, serves as the central hub for its operations. Panrico operates several production facilities throughout Spain, ensuring efficient distribution of its products across the country. Additionally, it has various subsidiaries, joint ventures, and partnerships to enhance its market reach.


Panrico offers a wide range of bakery products, including bread, pastries, cakes, and snacks. Its popular offerings include iconic products such as Donettes, Bollycao, and Croissants. The company has gained a strong presence globally, exporting its products to numerous countries across Europe, Asia, Africa, and the Americas.


In terms of market position, Panrico is a leading brand in the bakery industry. With its diverse product portfolio and extensive distribution network, it has garnered a significant market share both domestically and internationally. The company faces competition from other major bakery brands, such as Bimbo and Vandemoortele, but it has managed to maintain a strong standing in the market.


Throughout its history, Panrico has experienced various milestones and changes. In 1986, Pillsbury sold its stake in the company to Cubalicon, a Cuban-American business group. Subsequently, Panrico underwent a series of ownership changes, including acquisitions by private equity firms.


These changes in ownership have influenced the company's strategy and product lineup. As of the latest updates, Panrico remains a well-established bakery brand in Spain and continues to expand its presence globally. It focuses on innovation, quality, and customer satisfaction to maintain its competitive edge in the market.


While specific details of its current status may not be available, Panrico's commitment to growth and its strong brand recognition position it as a prominent player in the bakery industry

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

1963

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