Two Chicks has sold a majority shareholding in its branded egg white business to Eurovo Group (‘Eurovo’) for an undisclosed sum today.
Established in 2007 by Anna Richey and Alla Ouvarova, the company was the first to launch a liquid egg white into UK retail, creating a new category in the process. Two Chicks is the market leader and has doubled its turnover in the past two years.
Two Chicks has been working with Eurovo, one of the largest European producers of eggs and egg products based in Italy, since 2015. In 2024, the Lionello run family business achieved approximately €1.25 billion in revenue and has a network of around 5,000 customers across 40+ countries.
Two Chicks is stocked in most major UK supermarkets, from Sainsbury’s and Tesco to Lidl. It also sells in global markets including France, the Netherlands, Luxembourg and the United Arab Emirates. The sale will allow Two Chicks to benefit from being part of a larger group with the resources and status to help the company grow. This will include expanding the product range and branching out into new and exciting areas, as well as bringing Two Chicks products to more customers overseas, building on its existing international presence.
The current Two Chicks team will remain in place, led by the founders Anna Richey and Alla Ouvarova, who continue as shareholders. Anna and Alla commneted: “We are delighted to become part of the Eurovo family business, which clearly shares the same values, passion and spirit as our own. Furthermore, we look forward to benefitting from Eurovo’s extensive and diverse production capabilities, along with their geographical reach and scale, which will enable us to achieve common goals including exciting new product development.”
Federico Lionello, Chief Sales & Marketing Officer at Eurovo Group, added: “I’m truly pleased about this partnership with Two Chicks. It’s a significant step forward for both our companies: it allows Two Chicks to be directly connected to our fully integrated supply chain, and it gives Eurovo the opportunity to enter the UK market alongside a strong and visionary brand. I’m also happy that Anna and Alla will continue to lead the company — working together will be a real asset for our shared future.”
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About Two Chicks
Since 2007, Two Chicks has been bringing innovative, convenient, egg-based products to market. Founded by Anna Richey and Alla Ouvarova, the company launched the first liquid egg white into UK retail - a fat and cholesterol free alternative to eggs that had previously only been available in the US. Having created and built a new category in the process, Two Chicks has since gone on to introduce further innovative products into the market.
Two Chicks is available in most leading retailers, including Tesco, Sainsbury’s, Asda, Morrisons, Lidl and Ocado, as well as internationally, including Ireland, France, Luxembourg, the Netherlands and the UAE. The range is high protein, fat and cholesterol free, pasteurised, and avoids wasting the yolk.
In a bid to support, inspire and empower the next generation of female entrepreneurs, Anna and Alla launched their Future Female Entrepreneur initiative in 2022.
For more information, visit www.twochicks.co.uk or @twochicksproducts.
About Eurovo
Eurovo is one of the largest European producers of eggs and egg products based in Italy. Founded in the 1950s, the Lionello family-run business has been combining traditional values with the reinforcement of innovation for three generations.
With a revenue of approximately €1.25 billion in 2024, more than 2,000 employees, and a network of around 5,000 customers across 40+ countries, Eurovo continues to expand its reach. The Group boasts 28 production facilities, including farms, feed mills, and processing centres, in key European markets such as France, Spain, Poland, Romania, Belgium, and now the UK.
Eurovo is also the owner of the world’s largest free-range poultry farm, covering 25 hectares and housing 1.2 million hens. The Eurovo Group’s structure makes it possible to maintain full control over the supply chain, guaranteeing high-quality, safe, and sustainable products for retail, food service, and the food industry.