• Stellum Capital acquires a majority stake in LABORATORIOS BILPER Group, a Vizcaya-based manufacturer of pet hygiene, cosmetics, biocides and veterinary products marketed under brands such as Menforsan, Megusta and Bacterisan, sold in 60+ countries.
• Atrys agrees to sell 100% of ASPY Prevención, its occupational risk prevention unit, to Grupo Echevarne for €145m, subject to regulatory and shareholder approvals. The disposal sharpens Atrys’ focus on precision oncology and diagnostic services while substantially deleveraging.
• Berlin Packaging (CPP, Oak Hill) acquires Jurcal Packaging, a Spanish specialist in pharmaceutical and veterinary packaging based in Alcobendas.
• Sherpa Capital has acquired a majority stake in Navarra-based Koxka, a manufacturer of commercial refrigeration equipment. Koxka has c.250 employees and €40 revenue.
• MCH Private Equity has agreed to sell its stake in LITALSA, alongside Realza Capital to CEO Juan Inchausti and Oquendo Capital in a transaction that hands control to the company’s leadership team. Álava-based Litalsa is a leading European provider of metal packaging lithography and varnishing for brands such as Nesquik, Calvo, Mahou and Coca-Cola.
• Corporación Financiera Azuaga takes a majority stake in IDBOTIC, becoming its main shareholder. Idbotic provides advanced cryptography, post-quantum solutions and secure hardware for civil and military communications.
• Hinojosa Packaging Group completes the acquisition of French folding-carton specialist ASV Packaging, moving from an initial minority stake to full ownership. ASV contributes three plants and c.200 employees focused on packaging for food and consumer goods, increasing Hinojosa’s French footprint to seven sites and reinforcing its European leadership in sustainable carton solutions.
• Cerealto acquires a majority stake in Colorado-based Fresca Foods Inc., a leading co-manufacturer of natural and organic snacks, forming a strategic partnership to accelerate global growth. The transaction establishes a strong U.S. industrial platform, with North America expected to represent about 20% of Cerealto’s future revenues.
• Registrar Corp, a global regulatory compliance and technology provider backed by Paine Schwartz Partners, acquires CMC Consulting Group, a Spain-based specialist in medical device and IVD regulatory and clinical consulting.
• VINCI Construction’s nuclear subsidiary NUVIA acquires Marsein, a Spanish specialist in nuclear maintenance, welding, decommissioning and radioactive waste management with 280 employees and €32m revenue in 2024.
