• Novanta Inc., a U.S.-based technology group listed on the Nasdaq, has acquired Keonn Technologies, a Barcelona-based company specializing in RFID and IoT solutions for the retail sector, for €60.6 million. Founded in 2008, Keonn serves major clients like Inditex, H&M, and Chanel, with over 90% of its €19 million revenue generated internationally.
• Asterion Industrial Partners, an independent investment management firm focused on infrastructure investments in the European mid-market, announced its partnership with Revalue Energies, a platform for the development, construction, and management of facilities in the renewable energy sector in Italy.
• Homs Rentals, a leading provider of machinery rental solutions for construction, rehabilitation, events and industrial applications is entering a new phase of growth following the entry of the investment fund VGO CAPITAL PARTNERS LLP, after the exit of Suma Capital as minority shareholder.
• US-based AmSpec Group, a global testing, inspection, and certification company, is pleased to announce the acquisition of Galicia-based CGN Certification, a recognized provider of sustainability and compliance certifications.
• Visalia, a Barcelona-based energy group, has acquired Barter Energy. The deal includes Barter Generation, Sharing, Mobility, and Blaudrive and adds 256 solar communities (26 MWp), three photovoltaic plants (0.3 MWp), and over 100 EV charging points to Visalia’s portfolio.
• Fluidra, a Spanish global leader in pool and wellness equipment, has acquired 100% of Pooltrackr, an Australian SaaS platform for pool and spa professionals.
• BOUWEN Grupo, a Spanish industrial conglomerate, has acquired Valencia-based Comet Ingeniería, integrating it as the new division Comet Aerospace.
• Seaya has acquired a minority stake in Cüimo, an online platform for refurbished motorcycle sales, through its Andromeda fund. The startup, which has reached €1.5 million in monthly revenue and maintains a positive EBITDA, secured an €8 million investment from Seaya.
• KG Capital SL, a search fund, has acquired over 90% of Madrid-based Plásticos Hernanz, a Spanish producer of reusable cups, marking its first investment. The company posted €8 million in revenue and over €2 million in EBITDA last year.
• Grupo Rodilla, the Spanish fast-casual restaurant group, has entered the Portuguese market by acquiring 100% of A Padaria Portuguesa, a prominent bakery and café chain with 84 locations across Portugal.
