The Spanish M&A and Private Equity market remained highly active in Week 24 of 2026, with multiple strategic transactions across sectors such as technology, healthcare, industrial, and real estate. Below is a summary of the most relevant deals shaping the market:

Albia IMAP advises on Banyan Software’s first acquisition in Spain

Albia IMAP acted as exclusive advisor to the shareholders of M3 Informática in its sale to Banyan Software, marking Banyan’s first cross-border acquisition in Spain.

This transaction highlights the growing interest of international investors in the Spanish software sector. The deal will enable M3 Informática, a long-standing provider of public-sector software solutions, to accelerate innovation and product development under Banyan’s global platform, while maintaining strong client relationships and preserving institutional knowledge.

Healthcare and Life Sciences: ARCHIMED expands in Spain

ARCHIMED Life Science Tools & Services announced the acquisition of 100% of Institut de Radiofarmàcia Aplicada de Barcelona (IRAB), a Barcelona-based specialist in PET radiopharmaceuticals.

Founded in 2016, IRAB produces radiotracers used in oncology, neurology, and cardiology imaging, serving hospitals, research institutions, and pharmaceutical companies. This acquisition strengthens ARCHIMED’s position in the European healthcare and life sciences sector.

Biotechnology and Animal Health: CEVA strengthens its portfolio

CEVA Salud Animal has acquired Aquilón CyL S.L., a Spanish biotechnology company focused on swine disease solutions.

This strategic acquisition reinforces CEVA’s intestinal health portfolio in swine and reflects the increasing importance of innovation in the animal health sector.

Business Services: ELIS consolidates its presence in Spain

ELIS, a leading global provider of circular services, has acquired 100% of RS10 Servicios Tratamientos y Mantenimientos de Tejidos S.L., a laundry operator based in the Barcelona area.

The company provides specialized services to healthcare and hospitality clients, further strengthening ELIS’s footprint in the Spanish market.

Industrial and Infrastructure: TeraPlast expands in Southern Europe

TeraPlast is acquiring Aliaxis’s polyethylene pipe business (MASA) located in Okondo, Spain.

This transaction expands TeraPlast’s presence in Western Europe and North Africa. The plant has an annual production capacity of 16,000 tons and generated €29.4 million in revenue in 2025, highlighting its strategic value in the industrial sector.

International Expansion: Orona strengthens its position in the Netherlands

Orona has completed the acquisition of Up B.V. (backed by Karmijn Kapitaal), the group behind Elite Liften & Roltrappen and Van Noort Liften.

This move reinforces Orona’s growth strategy in the Dutch elevator and mobility solutions market.

Real Estate: Formation of Mabu Group in Catalonia

Ollé Bertrán and Sh Group, two Catalan real estate companies, have merged to create Mabu Group.

The newly formed holding company reaches a combined turnover of €35 million and a gross profit of €10 million, consolidating its position in the regional real estate market.

Marketing and Communications: Mediapost rebrands as Muviria

Mediapost Spain has been rebranded as Muviria following its acquisition by Austrian family office Milon Group.

This rebranding reflects a strategic repositioning aimed at strengthening its promotional marketing and communication services.

Media and Entertainment: Filmin expands its distribution business

Filmin, backed by Nazca Capital and known for its focus on independent and auteur cinema, has agreed to acquire the distribution business of Valencia-based Elástica.

This transaction reinforces Filmin’s position in the Spanish audiovisual and streaming market.

Construction and Industrial Services: Bojuna acquires MICEVAL

Bojuna S.L., a Valencian construction company, has acquired MICEVAL S.L., a long-standing supplier of electrical installation services.

The deal includes the integration of MICEVAL’s workforce and client portfolio, strengthening Bojuna’s capabilities in infrastructure and industrial services.

Conclusion: Strong momentum in Spanish M&A activity

Week 24 confirms the continued dynamism of the Spanish M&A and Private Equity market, with increasing cross-border activity, sector diversification, and a strong presence of international investors.

Technology, healthcare, industrial, and services sectors remain key drivers of deal flow, reinforcing Spain’s attractiveness as a strategic market in Europe.