Mevalco, one of the UK’s leading importer and wholesaler of Spanish fine foods, has reported 6 per cent growth in 2024, despite tough trading conditions and increased costs associated with import and post Brexit tariffs and processes.
With turnover now approaching £10 million, Mevalco has returned consistent growth for the past 10 years. The company now has a strong presence in retail and fine dining markets, as well as the creation of specialist retail signature ranges, working closely with high profile chefs and the company’s unique cohort of suppliers in Spain.
David Menendez, managing director, said 2024 was a tough year for specialist retailers as the rising cost of living and inflationary pressures impacted on business’s bottom line.
“There is no question that 2024 has been a tough year and 2025 is looking equally challenging with the new national insurance and minimum wage thresholds set to further impact on retail markets,” Menendez said.
“However, we have been pleased with the results of 2024 which has been driven by offering value and innovation in our product ranges and investing in our people. We have brought more than 80 new products to market and through working closely with our valued Spanish suppliers have looked to help our customers re-energise and refresh their offer at affordable prices in order to continue to attract the consumer.
“By doing so, we have engaged with more businesses and driven growth through volume in the bottom line. Consumers want value and they want quality – both of which we are pleased to supply in abundance”.
Mevalco offers an extraordinary service that brings new products and meat cuts to market from Spain, supported by training and workshops to help its customers optimise the opportunity for fresh innovation and inspiration.
From its base in Bristol, it supplies establishments right across the UK and is seeing a growing foothold as Spanish produce increases in popularity and demand.
