ARAVEN GROUP STRENGTHENS ITS GROWTH IN 2023 AND NOW EXPORTS TO ALMOST 100 COUNTRIES

ARAVEN GROUP STRENGTHENS ITS GROWTH IN 2023 AND NOW EXPORTS TO ALMOST 100 COUNTRIES

Araven Group has once again strengthened its leading position in 2023 in its two business lines, Retail and Hospitality. Net turnover amounted to 64 million euros and it has also continued its international expansion, with a presence in 92 countries on five continents.
The Hospitality line, with the Araven brand, recorded an increase of almost 9% and more than 20 million euros in sales. The shopping and visual merchandising equipment line was once again the company’s most important line since the launch of the new Shop&Roll brand.
Foreign sales, which exceeded 34 million euros and accounted for more than 53% of turnover, are particularly noteworthy. Araven Group strengthens its position in America and Asia and continues its international expansion, now reaching almost a hundred countries. The aim is to consolidate its presence in those countries considered strategic due to the weight of the distribution sector.

INNOVATION AND INVESTMENT
Javier Layús, CEO of Araven Group, highlighted the company’s success in adapting to a scenario marked by economic fluctuations and maintaining “our commitment to investment in new solutions as one of the pillars”. Thus, in 2023 the group allocated 2.4 million to new investments and product research.
Proof of this work has been the various innovative launches during the year: the Loop Connect, an intelligent trolley system that is applied to the entire Loop transport range; the revolutionary Duplo, the only automatic pusher that allows a single display to be converted from a power bar to a shelf, or vice versa; or the new line of containers for storing dry and bulk foodstuffs.
The company’s objectives for 2024 are to continue developing innovative, sustainable and technological proposals that help consumers to improve their shopping experience and catering professionals to carry out their daily work in the kitchen.