Palacios
About Palacios
Palacios is a company founded in 1960 was acquired by JB Capital Markets in January 2025. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Palacios has completed 1 acquisition, including Rhokett. Palacios offers products and services including Chorizo Palacios, Tortilla Palacios, and Fresh Pizzas.
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Grupo Empresarial Palacios Alimentación, S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Carlyle Group
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Palacios
Palacios offers a comprehensive portfolio of products and services, including Chorizo Palacios, Tortilla Palacios, and Fresh Pizzas. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Traditional Spanish chorizo is produced with natural ingredients.
Spanish tortilla is crafted using authentic, high-quality recipes.
Fresh pizzas are made for quick, convenient meals daily.
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Funding Insights of Palacios
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Palacios
Palacios has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, MCH Private Equity and Label Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed for mid-market company growth.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Label Investments is focused on agribusiness investment opportunities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Palacios
Palacios has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rhokett. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cheese is processed by Rhokett in the United Kingdom.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Palacios
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Palacios Comparisons
Competitors of Palacios
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Palacios
When was Palacios founded?
Palacios was founded in 1960.
Who is the current CEO of Palacios?
Jim Velasquez is the current CEO of Palacios.
What does Palacios do?
Palacios, officially known as Grupo Empresarial Palacios Alimentación, S.A., is involved in the production and distribution of traditional Spanish food products. The company operates in the food and beverage sector, focusing on processed foods such as chorizo, tortillas, fresh pizzas, and pastries. With a presence in Spain, France, the USA, and Germany, various solutions are provided for different meal occasions, from appetizers to desserts. Sustainability is emphasized through initiatives like photovoltaic panels at production plants to reduce carbon footprint.
What products or services does Palacios offer?
Palacios offers Chorizo Palacios, Tortilla Palacios, and Fresh Pizzas.
How many acquisitions has Palacios made?
Palacios has made 1 acquisition, including Rhokett.
Who are Palacios's investors?
Palacios has 5 investors. Key investors include The Carlyle Group, MCH Private Equity, Label Investments, JB Capital Markets, and Ardian.