Week 28 (2024) in M&A and Private Equity
• Alvinesa Natural Ingredients, the company based in Daimiel, Spain, which specializes in grape and olive derivatives, has acquired Chilean Industrias Vinicas S.A. and Argentine DERVINSA – Innovación sustentable
• Stellum Capital has joined the shareholding of Urkabe Benetan to boost its growth and international presence. The private equity firm has taken a 31.5% stake. Urkabe Benetan is part of the food business of Grupo Indaux, a holding led by various Basque families
• Mubadala has reached an agreement to exit the aquaculture giant AVRAMAR Seafood and transfer its stake to its other major partner, AMERRA Capital Management, LLC. The group, the largest in the Mediterranean dedicated to the production and farming of sea bass, sea bream, and corvina, is headquartered in Valencia
• Astek, global player in engineering and technology consulting, is strengthening its position in the Spanish market with the acquisition of SOTEC CONSULTING. With more than 20 years of experience, Sotec Consulting now has 170 employees, and achieved a turnover of 9.5 million euros in 2023
• Juniper Travel Technology (Constellation Software Inc.) acquires Malaga-based Lleego, an innovative travel software company specializing in flight management and booking
• Everwood Capital has acquired the AGSA (Aduanas Ginjaume), an integrated logistics operator specializing in freight forwarding and customs management, based in the port of Barcelona
• Modig Machine Tool, a leading manufacturer of machining solutions for high productivity and automation applications, and IBARMIA, a leading manufacturer of customized and flexible machining centres, announced the signature of an strategic partnership. In support of the alliance, MODIG will take a substantial minority stake in the capital of IBARMIA
• Bunzl plc, the specialist international distribution and services Group, completed the acquisition of SISTEMAS DE EMBALAJE ANPER, SA., a distributor of industrial packaging to end-users in Spain
• Endurance Partners. has closed the sale of the Aragonese fiber optic cable production company Telnet to the Italian group Tratos cavi spa – Tratos srl holding group. With a plant in La Muela (Zaragoza), Telnet employs over 80 people and has a turnover of 20 million euros
• HERRECHA INVERSIONES SL has joined the shareholding of Grupo Malasa, the Galician custom furniture manufacturer, following the exit of one of its founders and the private equity fund GPF Partners. Grupo Malasa achieved a turnover of 135.2 million euros after growing 35.9% in 2022
