Indra has reached an agreement with Redeia to acquire ~90% of Hispasat for €725 million, strengthening its position in the satellite communications sector. Hispasat, Spain’s leading satellite operator, plays a key role in global connectivity, particularly in Latin America, Spain, and Portugal.
• Seaya Andromeda has acquired a majority stake in Nax Solutions agricultura de precisión satelital. Nax Solutions, a Spanish company specializing in AI and data analytics for the agricultural sector.
• TravelPerk Raises $200M and Acquires Yokoy to Create the Leading Integrated Travel and Expense Management Platform. The acquisition of Yokoy, a spend management platform, allows TravelPerk to offer a deeper and more unified travel and expense offering to its clients while expanding its addressable opportunity.
• Inveready has acquired Enantia, a specialized company in chemical research and development (R&D), to establish a new group focused on scientific and technological services.
• Portugal-based Minerva Insights (Ufenau Capital Partners AG) has acquired adjinn, a Spanish company specializing in digital advertising analytics and insights, to enhance its capabilities in data-driven marketing and ad intelligence.
• Spain-based TRISON (L-GAM), Europe’s largest digital signage integrator, has acquired Zero-In, a long-time partner based in NY City. This strategic takeover strengthens Trison’s global leadership and provides entry into the U.S. market, the world’s largest but highly fragmented digital signage market.
• KPMG España has acquired LOYIC – SAP Real Estate, a consultancy specializing in SAP solutions, to enhance its technology and digital transformation capabilities.
• Grupo Soledad, which reported €402 million in revenue in 2023, has entered the specialized steel industry by acquiring Aceros y Servicios, a company with annual revenue exceeding €14 million and a workforce of 61 employees. This acquisition allows Grupo Soledad to diversify beyond its core automotive and rubber sectors, reinforcing its industrial capabilities.
• LOGISTICA CAROSAN, a logistics company backed by Sherpa Capital, has acquired Transnugon, S.L., strengthening its presence in the transport and logistics sector.
• Plukon Food Group acquires 100% of the shares in the Spanish company, Grupo Avicola Hidalgo, a leader in the poultry industry with production facilities in the provinces of Madrid, Valladolid and Toledo. Grupo Avícola Hidalgo employs more than 400 people, and generated revenues slightly above EUR 100 Mn in 2024
