Belgian cookie group Officetotal buys Chipicao brand for Portugal, Spain, and France

expresso.pt (Portuguese)

Belgian cookie group Officetotal has acquired the Chipicao brand for Portugal, Spain, and France from PepsiCo. The deal is valued between 5 and 7 million euros. Officetotal will produce Chipicao croissants in Ponte de Lima, Portugal, while continuing to market its Aurora brand. This acquisition is expected to significantly boost the company's currently minimal exports. The family-owned company anticipates a substantial increase in international sales by 2026, driven by the new brand acquisition.


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