Petrou Nuts

What Petrou Nuts does

Petrou Nuts S.A. is a Greek nut processing and manufacturing company headquartered in Agia, Larissa, Greece. Founded in 1968 by Evangelos Petrou, the company operates two modern production facilities in Agia — one of which is dedicated exclusively to clean-label manufacturing — plus an in-house R&D laboratory that co-develops custom ingredient specifications with customers. Core processing capability centers on shelling hazelnuts and almonds, nut butter production, and the formulation of nut-based flours, spreads, instant beverage powders, and granola. The company holds a broad set of food-safety, ethical-sourcing, and religious certifications (ISO 9001, ISO 22000, FSSC 22000, KOSHER, HALAL, ESG, SEDEX, FDA, Rainforest Alliance).

The business operates across three customer segments with distinct go-to-market motions. The B2B ingredient channel supplies shelled nuts, nut butters, and nut flours to multinational food manufacturers including Mondelez, Nestlé, Fronery, Orkla, and Unilever, with the company approved to supply these conglomerates' Greek and European operations. The Ho.Re.Ca. channel distributes premium nut products to hotels, restaurants, and cafés. The direct-to-consumer channel operates through a Shopify e-commerce storefront under the Stylato sub-brand (and the Petrou Nuts brand for whole and candied nuts), supported by an age-verification gated site, multiple payment rails including Klarna installments, email/newsletter capture, and POP UP STYLATO physical retail events.

The consumer product portfolio is organized across the Stylato and Petrou Nuts brands. Stylato spans six nut butters (hazelnut, cashew, almond, peanut, crunchy peanut, pistachio), two high-protein variants (almond and hazelnut, blended 80% nut / 20% pea protein), two high-protein flours, four instant nut beverage sticks (hazelnut, pistachio, cashew, almond), hazelnut and pistachio pralines, two no-added-sugar spreads, and two granola SKUs. The Petrou Nuts brand covers caramelized almonds/hazelnuts and roasted whole Agia hazelnuts. Pricing is unit-based across SKUs in the €2.30–€29.50 range, with no evidence of subscription or licensing revenue.

Name

Petrou Nuts

Legal name

Petrou Nuts S.A.

Website

https://petrounuts.gr

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

Petrou Nuts S.A. is a Greek nut processor founded in 1968 in Agia, Larissa, that supplies nut ingredients to multinational food manufacturers (Mondelez, Nestlé, Fronery, Orkla, Unilever) and serves Ho.Re.Ca. and retail consumers through its Stylato and Petrou Nuts brands.

Ownership category

akta.pro rank

Product category

Nut Processing and Food Ingredient Manufacturing

NAICS

Roasted Nuts and Peanut Butter Manufacturing (311911)

SIC

Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Nuts, Seeds & Trail Mix Snacks (CRADABAF)

akta.pro secondary industries

Nut & Seed Spreads Manufacturing (Peanut, Almond, Tahini) (AFAKADAJ), Natural/Organic & Limited-Ingredient Diets (CRADAFAH)

Keywords

• Nut processing
• Nut butter production
• Organic nut ingredients
• Food ingredient supply
• Clean label manufacturing

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. B2B Ingredient Sales: Supply of nut ingredients (shelled nuts, nut butters, nut flours, nut-based ingredients) to food manufacturing industries including multinational conglomerates and Greek industries.
2. Ho.Re.Ca. Product Sales: Supply of nut-based products to the hospitality sector (hotels, restaurants, cafes).
3. Retail E-commerce Sales: Direct-to-consumer sales of branded nut products through their Shopify e-commerce platform, including nut butters, nut flours, spreads, granola, nut beverages, and whole nuts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Petrou Nuts S.A. processes and produces organic and conventional dried nut ingredients, including shelled hazelnuts and almonds, nut butters, nut flours, nut-based spreads, and related confectionery ingredients, for sale to industrial food manufacturers and the Ho.Re.Ca. sector (hotels, restaurants, cafes). The company also markets finished consumer products under the Stylato and Petrou Nuts brands through its own Shopify e-commerce storefront, including nut butters, high-protein nut butters and flours, pralines/spreads, granola, instant nut beverages, and whole/caramelized nuts.

Product overview

Petrou Nuts S.A. is a Greek nut processing and production company founded 57 years ago in Agia, Larissa, by Evangelos Petrou. The company operates two modern production facilities, one dedicated exclusively to clean-label products, and an internal R&D laboratory. It produces both organic and conventional dried nut ingredients and consumer products serving three market segments: industry (B2B ingredients for food manufacturers), Ho.Re.Ca. (hotels, restaurants, catering), and retail (direct-to-consumer). The product portfolio consists of the Stylato consumer brand (nut butters, high-protein nut butters, high-protein nut flours, spreads/pralines, instant nut beverages, granolas) and the Petrou Nuts branded whole nuts and candied nuts sold at retail. The Stylato line includes six standard nut butter varieties (hazelnut, cashew, almond, peanut, crunchy peanut, and pistachio), two high-protein butter variants (almond and hazelnut), two high-protein flour products (almond and hazelnut), four instant beverage sticks (hazelnut, pistachio, cashew, almond), two praline/nut spread variants (hazelnut and pistachio), two naturally-sweetened almond and hazelnut spreads, and two granola flavors (honey & hazelnut, honey & almond). The Petrou Nuts brand covers candied almonds and hazelnuts and roasted whole hazelnuts from Agia. The company's B2B ingredient business supplies multinational and Greek industrial clients including MDLZ, Nestlé, Fronery, Orkla, and Unilever.

Differentiator

Problem solved

Functional benefit

Brands

• Stylato: Sub-brand serving clean-label ingredients, high-demand products, and premium options for retail and Ho.Re.Ca. markets.

Products and services

• Stylato Nut Butters 100% nut butters (hazelnut, cashew, almond, peanut, crunchy peanut, pistachio) sold in 350g retail packs. Vegan, gluten-free, no added sugar, no palm oil, no preservatives; targeted at retail consumers and Ho.Re.Ca. use.
• Stylato High Protein Nut Butters High-protein nut butters (almond 36% protein, hazelnut 30% protein) made with 80% nuts and 20% pea protein, sold in 350g retail packs for fitness and health-conscious consumers.
• Stylato High Protein Nut Flours High-protein nut flours (almond 36.8% protein, hazelnut 30% protein) made with 80% nuts and 20% pea protein, sold in 1kg retail packs for breakfast, smoothies, baking, and breading applications.
• Stylato Nut Spreads and Pralines Nut spreads and pralines (hazelnut praline, pistachio praline, naturally sweetened hazelnut spread with 81% hazelnuts, naturally sweetened almond spread with 81% almonds) in 350g retail packs, including no-added-sugar variants.
• Stylato Granola Baked granola with honey and hazelnuts or honey and almonds, in 400g retail packs, containing 50% oats, 30% ground nuts, 15% sugar, and 5% honey.
• Stylato Instant Nut Beverages Instant nut-based beverages in stick format (10 sticks x 15g = 150g pack) in hazelnut, pistachio, cashew, and almond flavors as dissolvable powder for on-the-go consumption.
• Petrou Nuts Whole and Caramelized Nuts Roasted whole Greek hazelnuts from the Agia region (500g), caramelized almonds (100g), and caramelized hazelnuts (100g) sold at retail under the Petrou Nuts brand.
• B2B Nut Ingredients Supply Bulk supply of nut ingredients (shelled hazelnuts and almonds, nut butters, nut flours, and nut-based ingredients) to Greek industries and multinational food conglomerates including MDLZ, Nestlé, Fronery, Orkla, and Unilever for use in food manufacturing and confectionery production.
• Ho.Re.Ca. Nut Products Supply Supply of premium nut-based products and ingredients to the hospitality sector including hotels, restaurants, and cafes for use in food service operations.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Diamond Foods: US-based branded nuts and snacks company (Diamond of California, Emerald, Popper Duos) selling through grocery and ingredient channels. Comparable branded nut product portfolio though focused on the US market.
• ofi (Olam Food Ingredients): Global ingredient platform within Olam Group supplying nuts, dairy, cocoa, and coffee to food manufacturers worldwide. Comparable as a B2B nut ingredient supplier to multinational CPGs, but operating at vastly greater scale and product breadth.
• Blue Diamond Growers: US farmer-owned almond cooperative and global branded nut products company supplying ingredient almonds to food manufacturers and consumer nut snacks. Comparable in tree-nut ingredient scale and B2B/B2C channel mix, but much larger and almond-focused.

Direct peers

• Kanegrade: UK-based supplier of nuts, seeds, dried fruits, and specialty ingredients to food manufacturers and the food service industry. Comparable in European B2B ingredient supply, certifications, and clean-label positioning.
• John B. Sanfilippo & Son: US-based tree nut processor and snack manufacturer (Fisher Nuts, Orchard Valley Harvest) supplying branded and private-label nut products to retailers and food manufacturers. Closely comparable product mix and B2B/B2C channel structure.
• Borges International Group: Spanish Mediterranean-origin processor of nuts (almonds, hazelnuts) and dried fruits supplying industrial customers and retail brands globally. Comparable in crop focus, European origin, and B2B ingredient supply model.
• Setton Pistachio of Terra Bella: US-based pistachio processor and one of the largest pistachio growers in the world, supplying ingredient and consumer pistachio products to food manufacturers and retailers. Comparable as a vertically integrated tree-nut ingredient supplier.
• Sabarot Wassalons: French family-owned processor of dried fruits, nuts, seeds, and pulses supplying B2B food manufacturers, Ho.Re.Ca., and retail with branded and bulk ingredients — closely matching Petrou Nuts' three-channel model and Mediterranean/European footprint.

Regional players

• Nutland (Nutty Delights / Hellenic Nut): Greek/Mediterranean nut processor serving B2B and retail channels with Greek-origin nuts and nut products. Closest geographic and product-set comparable within the same domestic market.

Emerging players

• Agro Merchants Group / Valency International: Singapore-headquartered commodity and ingredient processor with significant tree nut (cashew, almond) origination and processing for global food manufacturers. Comparable in B2B nut ingredient supply though at larger scale and broader product breadth.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/petrounuts

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petrou Nuts