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Italian egg producer Eurovo Group has acquired a majority stake in UK-based liquid egg white brand Two Chicks for an undisclosed sum.
Founded in 2007 by Anna Richey and Alla Ouvarova, Two Chicks is claimed to be the first company to launch liquid egg whites in UK retail.
The deal strengthens a long-standing relationship between the two businesses, which began in 2015. Eurovo, a family-run company with 2024 revenues of approximately €1.25 billion, supplies eggs and egg products to over 5,000 customers in more than 40 countries.
Two Chicks products are stocked in major UK supermarkets including Sainsbury’s, Tesco and Lidl, and are also sold in international markets such as France, the Netherlands, Luxembourg and the UAE. The acquisition is expected to support further international growth and product development.
Founders Richey and Ouvarova will remain at the helm of the company and continue as shareholders. They commneted: “We are delighted to become part of the Eurovo family business, which clearly shares the same values, passion and spirit as our own. Furthermore, we look forward to benefitting from Eurovo’s extensive and diverse production capabilities, along with their geographical reach and scale, which will enable us to achieve common goals including exciting new product development.”
Federico Lionello, chief sales and marketing officer at Eurovo, added: “I’m truly pleased about this partnership with Two Chicks. It’s a significant step forward for both our companies: it allows Two Chicks to be directly connected to our fully integrated supply chain, aend it gives Eurovo the opportunity to enter the UK market alongside a strong and visionary brand. I’m also happy that Anna and Alla will continue to lead the company – working together will be a real asset for our shared future.”