Osborne acquires Caviar Riofrío
El Puerto de Santa María, 7 September 2021.- Osborne has just announced the acquisition of the company Riofrío 1963, owner of the brand Caviar Riofrío (www.caviarderiofrio.com). The move is set to help the group achieve its objective of growing and diversifying into high value-added gourmet categories. It also brings Osborne one step closer to its goal of strengthening its portfolio of international gastronomic brands, which includes Cinco Jotas iberico ham, Carlos I brandy de Jerez, Nordés gin, Anís del Mono, Bodegas Montecillo and Osborne’s sherries, amongst others.
Riofrío is a Spanish company, founded in 1963, which produces the world’s first certified organic caviar and in 2020 received the Spanish Food Prize for Organic Production [Premio Alimentos de España a la Producción Ecológica], awarded by the Ministry of Agriculture, Fisheries and Food. Thanks to its freshness and variety of nuances, Caviar de Riofrío is highly appreciated amongst gourmets all over the world, the most exclusive delicatessens, and many renowned chefs, who use it at their restaurants.
In 2021, the company’s team of biologists and veterinarians succeeded in breeding beluga sturgeons in captivity at its facilities, an extraordinary feat given that the species is virtually extinct and its caviar is sought after around the world.
Caviar Riofrío is made at the company’s premises in Loja (Granada), where sturgeons are raised in the very best Spanish water. Here, the fish farms mimic their natural environment, and the entire production process is tightly controlled from the very beginning, following strict criteria relating to quality, sustainability and respect for traditional elaboration processes.
In the words of Fernando Terry, CEO of Osborne, ‘this move allows us to diversify into a new gourmet category, continue premiumising our brand portfolio, capture synergies in operations, sales and marketing, and ultimately reinforce our vision as a global ambassador of Spanish gastronomy’.
For his part, Carlos Cadenas, CEO of Riofrío 1963, highlights how, ‘we are convinced that this corporate transaction is the right move, as it ensures that the Caviar Riofrío project is able to continue, and undoubtedly opens up new and important opportunities for the development of the brand’.
Osborne is a family saga and business venture which began in 1772. Throughout its history, it has successfully preserved and promoted the very best Spain has to offer in the way of traditions and culture through its products, taking great care to adapt them to the times. Everything the company does is based on a set of deep-seated values, namely authenticity, skill, commitment and a visionary spirit.
It is now a world leader in Spanish food and beverages thanks to its world-renowned products of exceptional quality, which include Cinco Jotas 100% Iberian acorn-fed ham, Bodegas Montecillo Rioja wine, Carlos I brandy de Jerez and Nordés gin, to name but a few. Osborne is currently present in more than 50 countries around the world through its various brands.
As well as producing and selling its own products, the company also distributes leading third-party brands in Spain, including Piper-Heidsieck champagne, Brockmans Gin, Russian Standard Vodka, Zubrowka Vodka, Flor de Caña Rum, the bourbon Evan Williams and the liqueurs Disaronno and Tia Maria.
Osborne contributes to ensuring the sustainability of the areas where it works, and runs CSR initiatives through its foundation. The company is also the owner of the legendary Toro de Osborne, recognised around the world as one of the most successful brands in the history of advertising and an icon of Spanish culture.
FOR MORE INFORMATION:
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Rocío Osborne, Director of Communications, Osborne Group.
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