Week 41 (2024) in M&A and Private Equity:
• Minsait, an Indra company, has acquired 100% of MQA Suramérica, a leading company in SAP business management solutions in Colombia and Central America.
• Nazca Capital sells its stake in IDP Ingeniería, Medio ambiente y Arquitectura, a leading provider of BIM-based engineering services, to Bureau Veritas Group. This marks the third divestment from the Nazca Small Cap I Fund.
• The Swedish multinational Anticimex, specialised in pest control and environmental health, has opted for rapid growth in the Spanish market by acquiring local operators. Last year alone, the group’s Spanish subsidiary completed nine acquisitions and has just added PLASERMAN SALUD PUBLICA SL, a Valencian company specialising in disinfection and animal pests.
• Ontime Logística Integral takes a stake in the capital of the Aragonese TAC Logística. The company, specialised in parcel and pallet transport for the industrial and agri-food sectors, has reached a “strategic agreement” with Ontime. Ontime expects to exceed 1,000 million in turnover in 2024.
• ACERINOX,S.A. agrees to sell Bahru Stainless Sdn Bhd. Worldwide Stainless, a company registered in Malaysia, acquires the factory for the sum of USD 95 million.
• knowmad mood lands in the Mexican market and strengthens its leadership in cybersecurity with the acquisition of Grupo Antea.
• The Spanish company pfsTECH (AnaCap) strengthens its leadership in the LegalTech sector by integrating EMC SOFTWARE JURIDICO SL, a leader in the use of Artificial Intelligence and legal process automation.
• VyOS Networks, a leader in open-source networking solutions, announced the acquisition of Sentrium S.L.. This strategic move marks a significant step in strengthening VyOS’s presence in the Spanish market and enhancing its capabilities in delivering high-performance networking technologies.
• NORAY Seafood (CREADEV – Creating for People ), a brand of fresh and sustainable shrimp from aquaculture, has been fully acquired by a new investment group, which is led by Bjorn Aspheim.
• Mirai Investments strengthens its electronics division, OHMNIA GROUP, with the acquisition of ALCOELECTRO SL, a company based in Móstoles, Madrid, specialized in the assembly and manufacturing of electronic equipment.