Direct Funds

Based in Valencia, Spain, Alimentación y Nutrición Familiar S.L. (Alnut) produces and sells baby food (e.g. mashed vegetables, fruits, rice, meat, fish and desserts), as well as other products such as, smoothies and dietary supplements. The company is in line with the principal “mega-trends” of the market and approximately 50% of its SKUs are BIO certified. In 2019 the company made €25.7m in revenues, mainly in Spain (70%) and through private label (90%), serving leading retailers, both Spanish (mainly Mercadona) and international (such as Carrefour and E. Leclerc). Moreover, Alnut produces under its own brand, “Sun&Vegs”, focused on the European market, and “Byba”, focused on the APAC region. The company currently employs approximately 100 FTEs at its production site of 4,000 sqm of which 12,000 sqm are indoors.