Week 29 (2024) in M&A and Private Equity
– Jacobs Holding AG Holding announced that it has agreed to acquire ILERNA FP, a leading provider of official vocational education in Spain from Skill and You, a portfolio company of IK Partners.
• Nexxus Iberia acquires the container manufacturer CONTENUR from ACON Investments, L.L.C. Funds managed by Schroders and the European Investment Fund (EIF) co-invest in the company.
• Everfield, the Europe-based, B2B software investor, has acquired 4GL, a Spanish provider of gas station management solutions. This marks Everfield’s first investment in Spain.
• Investindustrial has agreed to acquire Delta Tecnic, a specialty chemical manufacturer focused on the production of tailor-made colour and additivemasterbatches for a variety of industries, including the wire & cables sector where it is one of the market leaders.
• ECIJA has formalized the minority entry of Alia Capital Partners, an independent private equity firm of Spanish origin. The firm expects to exceed the figure of 100 million in revenue in 2024 and plans to acquire firms and teams.
• The mobility company Avanza, a subsidiary of the Mexican multinational MOBILITY ADO, acquired Autocares Julián de Castro, a bus route operator in the northwest of the Community of Madrid. The transaction is pending approval from the National Markets and Competition Commission.
• QUADPACK INDUSTRIES SA and PSB INDUSTRIES GROUP announce their project to combine Quadpack and PSB’s main subsidiary Texen into a single group, placing the two beauty packaging manufacturers and providers under the umbrella of PSB Industries. The group will reach combined sales of around €350 million, over 2,000 employees and industrial presence in six countries.
• ACE Education, the educational group that has among its reference partners Amaury Groupe and Oakley Capital, jumps into specialized training in video games with the acquisition of a Valencia-based ESAT. ACE currently has 47 campuses in Europe and more than 9,000 students.
• CAPSA FOOD takes over 40% of Innolact (Quescrem), the company that produces the only Galician mascarpone. The alliance between the group company Central Lechera Asturiana and Innolact seeks to strengthen the capacity of both to innovate and grow together.
• Movento takes the majority of the Roxa Group to disembark in the Balearic Islands. The Moventia subsidiary will exclusively market the Volkswagen brand in Mallorca. The dealership chain expects to have a turnover of 700 million in 2024
