Global food industry player
Key figures
6
factories€323M
turnover 202325+
brands6
home markets~2200
employees46000
freezers20+
export countries1000+
products515+
trucksOur approach
We develop strong local brands of ice cream, dairy, pastry, convenience and frozen foods through heritage food companies in every market we operate in. At every step of product development we add value through innovation. Over time we have nurtured a strong passion for business intelligence: in order to be the food industry avant-garde, we gather market data, keep track of our product portfolio performance and closely observe consumer preferences when developing new and exciting products for our consumers to enjoy.
Our know-how
We are proud of our ice cream competence centre that has been up and running from the comfort of Riga, Latvia, since 2019. The centre unites a team of international ice cream professionals in R&D, product technology, supply chain, quality, marketing, sales and logistics that share their knowledge and expertise with their Food Union colleagues to boost our performance globally.
Our values
We challenge ourselves to generating value at every step of our value chain, steering us toward unparalleled growth through robust decision making, championing in brand, go-to-market and store, and developing exciting innovations.
Bold people combine competence, passion and endurance to move forward and succeed individually and collectively.
We have a long-term interest in contributing to sustainable growth and creating value for our key stakeholders, and society at large in the markets we are represented.
Committed people are professional, collaborative and preferred partner for cooperation – internally and externally.
We always aim for fun-added value in everything we do.
Happy people are engaged and passionate, they inspire others to be better.
Our core team
Our Investors
Investment in Our Development
At the beginning of 2024, changes were made to the ownership structure of Food Union. As a result, the world-leading alternative investment firm PAG Private Equity acquired shares of the Food Union group in Europe from the company’s founder and other private shareholders, thus becoming the majority shareholder.
PAG Private Equity was already one of the three investors in the Food Union group since 2017.
PAG Private Equity is an active investor in the food industry, particularly in the frozen food segment.
Our history
