What is Borges Agricultural & Industrial Nuts, S.A.?

Borges Agricultural & Industrial Nuts, S.A., operating under the commercial name Borges BAIN, functions as a specialized processor, packager, and business-to-business marketer of nuts and dried fruits for the European and international food industry. The company operates processing facilities in Spain's Catalonia region, providing bulk nuts and semi-processed nut products to food manufacturers, private label brands, and industrial buyers who incorporate these ingredients into finished products. According to company materials, BAIN focuses primarily on almonds, walnuts, and pistachios, with additional product lines including hazelnuts, cashews, peanuts, and various dried fruits.

As documented in stock exchange listings, BAIN trades on Spain's Bolsas y Mercados Españoles (BME) under ticker symbol BAIN, making it the only publicly listed European company fully integrated in tree nut operations, from plantation management through industrial processing to B2B distribution. The company operates as a subsidiary of Borges International Group, S.L.U., which holds approximately 89% of capital as of recent financial disclosures. Company materials indicate distribution to markets in more than 49 countries, with international sales documented at approximately 56% of total revenue in fiscal year 2023.

BAIN differentiates its operations through vertical integration capabilities, maintaining direct control over nut plantations in Catalonia while simultaneously operating industrial-scale processing and packaging infrastructure. The company serves two primary customer segments: food manufacturers requiring nuts as recipe ingredients for products including bakery goods, confections, snacks, plant-based beverages, and prepared meals; and retailers sourcing private-label packaged nuts. According to available business data, the company maintains an approximate 7% market share in the European almond segment as of 2023.

Corporate Foundation

Borges Agricultural & Industrial Nuts, S.A. traces its origins to 1896, when founders Dolors Creus and her husband initiated a small-scale business trading olives and almonds in the Tàrrega area of Lleida province, Spain. Company historical accounts document that the second generation, brothers Josep and Antoni Pont Creus, consolidated industrial operations during the 1940s. The third generation's entrance in 1957 marked the beginning of international export activities, establishing the foundation for the company's current global distribution network.

The entity operates as a sociedad anónima (S.A.), the Spanish equivalent of a public limited company, headquartered in Reus, Tarragona province, Catalonia. Following corporate restructuring documented in July 2017, the company formally adopted the name Borges Agricultural & Industrial Nuts, S.A., having previously operated as Borges S.A. The company maintains public listing status on the BME Spanish stock exchange (ticker: BAIN), with shares trading in euros. Financial reporting follows a fiscal year ending May 31, with annual reports covering the period from June 1 through May 31 of the subsequent calendar year.

Borges International Group, S.L.U. functions as the majority shareholder, documented at approximately 89.1% equity ownership in recent financial analyses. This parent entity represents a family-owned Mediterranean food group founded on the same 1896 heritage, operating multiple business divisions spanning olive oils, nuts, vinegars, pasta, and snacks across more than 100 countries. The corporate structure positions BAIN as the specialized nuts division within this broader international food group, maintaining operational independence while leveraging group-wide commercial networks and supply chain infrastructure.

Production Infrastructure

Borges BAIN operates three primary production facilities located in Spain's eastern regions, each serving distinct functions within the company's processing operations. The main processing and packaging complex operates in Reus, Tarragona province, where the company maintains its headquarters. Company materials indicate this location encompasses two separate production centers: BAIN-B1, dedicated to general nut processing and packaging operations, and BAIN-B2, which functions exclusively as an almond processing facility. The facility addresses are documented as C/ Flix 29, 43205 Reus for one location and Ctra. de Alcolea 123-A, 43206 Reus for the related site.

The Altura facility, located at C/ Geldo 17, Polígono Industrial La Olivera, 12410 Altura in Castellón province, operates as a specialized almond-shelling and flaking plant. Some company documentation describes this facility's primary function as almond processing, while other materials reference it as a flaking operation, suggesting versatile processing capabilities for multiple nut varieties. This geographic positioning in Spain's eastern Mediterranean coast provides logistical access to both domestic markets and Mediterranean port infrastructure for international distribution.

BAIN - Mas de Colom, S.L.U., established as a subsidiary in 2016, manages company-owned tree nut plantations in Catalonia. This agricultural operation, located at C/ Mas d'en Colom s/n, 25300 Tàrrega, Lleida, provides direct control over cultivation practices and raw material sourcing for a portion of the company's supply requirements. The integration of plantation ownership into the corporate structure enables traceability from field to processing facility, particularly relevant for customers requiring verified sourcing documentation.

According to publicly available waste management certifications issued by Bureau Veritas, the Reus facilities documented specific operational metrics related to waste handling. The BAIN-B1 center achieved waste alternative management rates exceeding 95%, specifically documented at 96.6%, while the BAIN-B2 almond-dedicated facility reached 85% alternative waste management. These certifications confirm operational activity at documented volumes sufficient to generate measurable waste streams subject to independent audit.

Company materials emphasize controlled production environments, particularly highlighting allergen-free processing lines for almond operations. This infrastructure design addresses food safety requirements for industrial customers producing allergen-sensitive products, where cross-contamination prevention requires dedicated processing equipment and isolated production zones.

Product Portfolio

Borges BAIN structures its product offerings around primary nut categories and secondary dried fruit lines, with processing capabilities enabling various specifications to meet diverse industrial applications.

Almonds

Company materials document almond processing capabilities spanning multiple specifications and formats. The dedicated almond processing facility at BAIN-B2 in Reus and the Altura shelling plant provide infrastructure for whole almonds, blanched almonds, almond pieces, almond flour, almond flakes, and almond paste. Sales documentation indicates the company follows USDA Shelled Almond Standards for quality classification, offering products sorted by size and appearance grades. The allergen-free processing environment documented for almond lines enables supply to manufacturers requiring absolute absence of cross-contamination from other nuts.

Walnuts

The walnut product range encompasses in-shell walnuts in various sizes, shelled walnut halves available in 80%, 40%, and 20% half specifications with remaining material as pieces, walnut pieces in multiple size grades, chopped walnuts suitable for bakery incorporation and decorative applications, walnut paste documented as 100% walnut content, and walnut flour for gluten-free and vegan formulations. Company materials reference multiple walnut varieties sourced from different geographic origins, with processing capabilities allowing customization to customer specifications regarding shape, size, and format.

Pistachios

Pistachio processing includes natural pistachios, roasted pistachios, and pistachios in various size grades. Product documentation emphasizes the Kerman variety, described in company materials as naturally opening pistachios recognized for quality characteristics in Mediterranean production regions.

Other Nuts and Dried Fruits

Documented product lines include hazelnuts, cashews, peanuts, macadamia nuts, and pine nuts in formats ranging from whole to processed forms including pastes, creams, and pralinés. Dried fruit offerings documented in company materials encompass dates, tiger nuts, prunes, dried apricots, papaya, pineapple, cranberries, raisins, figs, and coconut. Additional products include sunflower seeds, pumpkin seeds, and popcorn varieties.

Semi-Processed and Custom Products

Recent product development documented in company announcements includes a range of 17 nut-based products launched for foodservice and B2B channels. This range comprises pure nut pastes documented at 100% nut content, nut creams formulated with reduced sugars and no palm oil, and pralinés containing 50% nuts. These products target pastry, ice cream, and restaurant applications requiring ready-to-incorporate ingredients for fillings, toppings, sauces, and confections.

Company processing capabilities documented in marketing materials include roasting, blanching, slicing, dicing, grinding to specified particle sizes, and custom formatting. The private label business model enables customers to specify packaging formats, portion sizes, and quality parameters for products marketed under customer brand names.

Certifications & Quality Standards

MANDATORY DISCLAIMER: The following certifications are referenced in company materials and certification databases. AgriLinkage has not independently verified current validity, scope, or compliance status. Certification standing can change based on audit outcomes. Buyers requiring certified products should request current documentation directly from the supplier and verify validity with issuing bodies.

Food Safety and Quality Management

Company materials state adherence to international quality and food safety standards, though specific certification names and issuing bodies are not detailed on publicly accessible portions of the company website. The company references "highest international quality standards" and mentions certifications by "independent professionals" but does not specify which particular schemes (such as BRC, IFS, ISO 22000, or FSSC 22000) are maintained. Potential buyers should request current certification documentation directly from BAIN to determine which specific food safety standards apply to which facilities and product lines.

The industry context indicates that suppliers to European food manufacturers and retailers typically maintain certifications under schemes such as:

• BRC Global Standard for Food Safety - A Global Food Safety Initiative (GFSI) benchmarked standard covering HACCP systems, quality management, facility standards, and process controls, commonly required by UK and international retailers

• IFS Food (International Featured Standard) - A GFSI-benchmarked standard developed by German, French, and Italian retailers, particularly prevalent in European markets for food manufacturing and private label operations

• ISO 22000 - An international standard defining requirements for food safety management systems throughout the food chain

• HACCP (Hazard Analysis Critical Control Points) - The foundational food safety management system identifying and controlling biological, chemical, and physical hazards in production processes

Company statements regarding "controlled production environments free from allergens, especially in almond lines" suggest implementation of allergen management protocols that would typically be addressed within comprehensive food safety certification schemes.

Environmental Management

BAIN obtained Zero Waste Management certification from Bureau Veritas for its Reus industrial facilities, documented in company announcements. This certification, governed by Bureau Veritas standards, confirms that waste generated undergoes treatment through recovery, recycling, or valorization methods rather than landfill disposal. The BAIN-B1 facility achieved "Excellent Commitment" level with 96.6% alternative waste management, while BAIN-B2 achieved "Advanced Commitment" level with 85% alternative waste management. This certification addresses waste management practices but does not constitute broader environmental management system certification such as ISO 14001.

Traceability and Supply Chain

Company materials emphasize traceability systems throughout production processes, stating capability to track products from raw material sourcing through final packaging. The vertical integration of plantation ownership through subsidiary BAIN - Mas de Colom provides documented traceability for portions of supply originating from company-controlled cultivation. However, the extent of third-party raw material sourcing and associated traceability protocols for purchased inputs would require direct verification with the company.

Buyers requiring specific traceability documentation, organic certification, non-GMO verification, or other supply chain assurances should request detailed evidence of certifications applicable to their required product specifications, as publicly available information does not detail the complete scope of supply chain certifications across all product lines and sourcing origins.

Market Distribution

Borges BAIN operates with documented international reach, serving markets across Europe and globally through business-to-business distribution channels. Company materials indicate active distribution to more than 49 countries as of recent disclosures, with the parent organization Borges International Group maintaining commercial offices and distribution infrastructure in more than 100 countries worldwide.

Geographic Markets

According to financial analysis reports, international markets accounted for approximately 56% of BAIN's fiscal 2023 revenue, indicating substantial export activity beyond Spain's domestic market. While specific country-by-country breakdowns are not detailed in publicly available sources, the company's positioning within the broader Borges International Group structure provides access to established distribution networks in Europe, Asia, North America, and other regions where the parent organization maintains commercial operations.

European markets represent core distribution territory, with company materials indicating significant presence in Spain, France, Germany, Italy, and other European Union member states. The company's statement of being "one of the leading nut suppliers in Spain and Europe" suggests established market positions in major European food manufacturing hubs, though specific market share data by country is not publicly disclosed beyond the European almond segment reference of approximately 7% market share.

Distribution Channels and Customer Segments

BAIN operates exclusively through B2B channels, positioning its operations distinct from retail consumer sales. The company identifies two primary customer categories:

Industrial Customers: Food manufacturers incorporating nuts and dried fruits as ingredients in finished products. Company materials identify target sectors including bakery and pastry operations requiring nuts for breads, cookies, and cakes; confectionery manufacturers producing chocolates, nougats, and candy; snack food producers creating nut mixes, energy bars, and flavored nut products; prepared foods companies incorporating nuts in ready meals and convenience foods; plant-based beverage manufacturers utilizing nuts for dairy alternatives and smoothies; and ice cream producers requiring nuts for inclusions and toppings.

Private Label Customers: Retailers and brand owners seeking packaged nut products marketed under their own brand names. BAIN provides processing, packaging, and quality assurance while customers manage brand marketing and retail distribution. This business model enables retailers to offer nuts without maintaining their own processing infrastructure.

The parent organization's commercial network, documented at 13 offices worldwide, facilitates customer connections and market access. For North American markets, Borges National USA Corp., established in 2006 and headquartered in Ridgewood, New Jersey, handles B2B distribution of Borges products including oils, vinegars, and related items, though the specific scope of BAIN nut products distributed through this channel would require direct confirmation.

Sales Infrastructure

Company documentation references a sales team with more than 30 years of collective experience in nut trading and processing. The integration within Borges International Group provides BAIN access to broader group resources including purchasing expertise for raw material sourcing, logistics capabilities for international shipment coordination, and customer relationship infrastructure developed across the parent organization's 125-year operational history.

Sustainability Initiatives

Disclaimer: The following represents publicly stated initiatives documented in company materials. Independent verification of implementation would require third-party assessment.

Environmental Programs

Under the corporate strategy branded "Committed by Nature," company materials indicate focus on three primary areas: responsible sourcing contributing to sustainable development in supply chains, committed people ensuring wellbeing and development of employees and communities in operational locations, and environmental impact reduction through operational improvements.

The Zero Waste certification achievement at Reus facilities demonstrates measurable waste management results, with documented waste stream diversion from landfills exceeding 85-96% depending on facility. Company materials state commitment to circular economy principles, emphasizing resource value preservation through recovery, recycling, and reuse rather than disposal. This approach contributes to United Nations Sustainable Development Goals, specifically SDG 12 (Responsible Production and Consumption) and SDG 13 (Climate Action), according to company sustainability communications.

Agricultural Practices

The subsidiary operation BAIN - Mas de Colom managing tree nut plantations in Catalonia provides a controlled environment for implementing agricultural practices aligned with company sustainability objectives. Company materials reference "environmentally friendly agricultural model" but do not detail specific cultivation practices, water management approaches, soil conservation methods, or pesticide management protocols applied at company-owned plantations. Verification of specific agricultural sustainability practices would require site inspection or detailed documentation from the company.

Supply Chain Responsibility

Company statements indicate focus on "responsible sourcing" as a component of the Committed by Nature strategy. The extent of supplier auditing, sustainability requirements for third-party nut suppliers, social responsibility protocols in sourcing regions, and monitoring mechanisms for supply chain compliance would require direct inquiry with BAIN, as publicly available materials do not detail specific supply chain sustainability requirements or verification processes.

Information Currency and Verification

This company profile reflects publicly available information from company website materials (borges-bain.com), Bolsas y Mercados Españoles stock exchange filings, Borges International Group communications (borgesinternationalgroup.com), Bureau Veritas certification announcements, business intelligence databases including StockAnalysis, Bloomberg, and ZoomInfo, and financial analysis reports from Instituto Español de Analistas Financieros (IEAF). Time-sensitive data including production volumes, facility counts, employee numbers, market shares, revenue figures, and ownership percentages may change. Users requiring current information should contact the company directly.

Certification validity and compliance status can change based on audits and operational changes. Buyers requiring certified products should request current documentation from the supplier and verify validity with certification bodies. The specific food safety certifications maintained, their scope across facilities and product lines, and current audit results are not comprehensively detailed in publicly accessible sources reviewed for this profile.

Financial data references drawn from analyst reports reflect point-in-time assessments and projections that may not represent current financial condition. Stock price information, market capitalization, and financial performance metrics change continuously. Investors should consult current financial filings and qualified financial advisors rather than relying on historical data presented in company profiles.

Accessing Current Information

Parties interested in sourcing nuts and dried fruits from Borges BAIN or evaluating the company for commercial partnerships should contact the company directly to obtain current product specifications, certification documentation, pricing information, minimum order requirements, lead times, and technical details relevant to their applications.

Official Contact Channels:

• Website: borges-bain.com (English and Spanish language versions)

• Primary Facility: C/ Flix 29, 43205 Reus, Tarragona, Spain

• Phone: +34 977 309 000 (as documented in business databases)

The company website features contact forms for commercial inquiries and technical consultations. Prospective buyers should be prepared to describe their product requirements, application needs, volume requirements, quality standards, certification needs, and intended markets to receive accurate quotations and technical specifications.

Due Diligence Recommendations:

Commercial buyers evaluating Borges BAIN should consider conducting:

• Facility audits to verify production capabilities, sanitation standards, and quality systems

• Product testing to confirm specifications meet application requirements

• Reference checks with current customers regarding reliability, quality consistency, and service

• Certification verification directly with issuing bodies to confirm current validity

• Financial review if establishing credit terms or long-term supply agreements

• Supply chain assessment to understand raw material sourcing and traceability systems

• Regulatory compliance review to ensure products meet destination market requirements

The complexity and scale of due diligence should align with purchase volume, product criticality, and regulatory requirements in the buyer's market.

Conclusion: Borges BAIN's Position in the European Nut Processing Sector

Borges Agricultural & Industrial Nuts, S.A. operates as an established B2B nuts and dried fruits processor with documented infrastructure spanning plantation management, industrial processing, and international distribution. The company's 128-year operational history, public listing status on Spain's stock exchange, and integration within the broader Borges International Group structure position it as an accessible supplier for European and international food manufacturers requiring nuts as ingredients and for retailers developing private-label nut products.

The vertical integration encompassing company-owned tree nut plantations, dedicated processing facilities with allergen-controlled environments, and documented quality certifications addresses core requirements for industrial food buyers seeking traceable, quality-assured nut supplies. The company's focus on almonds, walnuts, and pistachios—with documented European almond market share of approximately 7%, indicates established presence in key nut categories demanded by bakery, confectionery, snack, and prepared foods manufacturers.

For sourcing professionals evaluating nut suppliers, BAIN presents characteristics typical of mid-sized European agricultural processors: family business heritage with professional management, public company transparency through stock exchange reporting, multi-facility production infrastructure with documented capacity, and international distribution capabilities through parent organization networks. The company's exclusive B2B orientation means direct interaction with technical sales staff rather than consumer marketing channels, potentially enabling specification customization and supply chain collaboration appropriate to industrial purchasing requirements.

This profile provides background context for initial supplier evaluation. Current product specifications, certification documentation, pricing, capacity availability, and technical capabilities require direct engagement with company representatives. Prospective buyers should conduct appropriate due diligence including facility audits, certification verification, product testing, and reference checks before establishing commercial relationships or committing to supply agreements. The publicly traded status enables additional transparency through financial filings, though commercial terms and operational details remain subject to direct negotiation between parties.