WEEK 15 2025 IN M&A AND PRIVATE EQUITY IN SPAIN
• PHI Industrial has acquired two Spanish companies: Palinox and Panalia Derivados de la Harina S.L. Derivados de la Harina. Barcelona-based Palinox, an engineering firm focused on refrigeration for the food industry, reported a €20 million turnover and €4.5 million EBITDA. Madrid’s Panalia, a premium artisanal bakery, achieved €13 million in sales and a €2 […]