• Applus+ acquired UK-based APEM Group for ~£335m, creating a new global Environmental Services unit. APEM brings ~850 staff, >£95m LTM revenue to June 2025 and EBITDA margins >24%, with blue-chip clients across water, renewables, infrastructure, ports/coasts and regulators in the UK, Ireland, Australia, the Middle East and the US.

• Spain’s Grupo SM agreed to sell its digital school-management platform Educamos España to Germany’s Sdui. Educamos, used by 1,500+ schools and 3m+ users, will be integrated alongside Sdui’s Spanish unit Additio App, strengthening Sdui’s footprint in Spain and Latin America.
• Nazca Capital invested in Lãberit to accelerate organic and inorganic growth with the founding team, who remain majority shareholders. The deal includes a €10m capital increase to fund expansion. Lãberit, active across Spain and Latin America with projects in 25 countries, expects to exceed €70m revenue in 2025.
• Quebec-based H2O Innovation acquired Lama Sistemas de Filtrados, expanding its global filtration components/consumables portfolio, especially in backwashable filtration used for irrigation and industrial applications. Lama, founded in 1948, has installed 150,000+ filtration systems worldwide.
• Spanish retail-equipment maker CREACIONES MARSANZ, S.A. (Nexxus Iberia) acquired Portuguese firm Joalpe International, a specialist in baskets, wheels and visual merchandising systems. The integration boosts Marsanz’s plastic-injection capabilities and complements its range.
• Sweden’s Netmore acquired Bilbao-based Arson Metering to deepen offerings for water and gas utilities. Arson manages >500,000 meters, with deployments across 200+ municipalities in Spain, Italy, France and Greece, and has a backlog of ~350,000 meters.
• Barcelona-based Saesco Medical Group (Miura Partners) entered Germany by acquiring Rivolution, a company focused on minimally invasive surgery and pain-management solutions. Rivolution’s portfolio includes ultrasound-energy systems, next-gen endoscopic staplers and cryoanalgesia equipment.
• Spanish chocolatier Grupo Lacasa took full ownership of Lucar in Tangier, Morocco, where it already held 51% since 2020 via subsidiary Ibercacao. The plant produces cocoa-based spreads, tablets and cocoa powder, reinforcing Lacasa’s presence in North Africa.
• Valencia-based NUNSYS integrated Madrid firms Dayfisa and InforTel Comunicaciones, both with 35+ years in IT consulting, systems integration, telecoms and tech training.
• Bilbao-based DOMINION GLOBAL acquired Cádiz-headquartered Ecogestión de Residuos. It’s DOMINION’s third environmental deal in 2025 and reinforces its Global Dominion Environment division, supporting the goal of €500m in division revenue and leadership in circular-economy services.





















