MAWEEKLY · 24 de marzo de 2025

Week 12 (2025) in M&A and Private Equity 🛰️🇪🇸

Weekly collection of transactions (March 17 - 23)

• Nederman, a stock-listed leading environmental technology company, has acquired the Spanish company Euro-Equip. This acquisition strengthens Nederman and its Process Technology division in the foundry and metal recycling markets. Albia IMAP acted as Euro-Equip M&A sell-side advisor 🎉1

• Vocento has agreed to sell Pisos.com to the Italian group Immobiliare.it for €22.5 million. This transaction is part of Vocento’s divestment strategy to focus on its core business areas. Pisos.com, integrated within Habitat Soft S.L., is a prominent real estate portal in Spain. The sale includes associated platforms such as Pisocompartido.com and proprietary management software. 2

• Umbrella Global Energy, a global investment company focused on key sectors such as solar energy, electric mobility and energy storage technology, has reached a strategic agreement with Zouk Capital to bring its specialized infrastructure fund into Umbrella e-mobility, a subsidiary focused on the development of electric vehicle fast charging stations. This entry will be carried out through a capital increase, with an initial committed investment of €15 million in 2025. Zouk will thus obtain a 60% stake in Umbrella e-mobility. 3

• MHP, a leading international agri-food company, today announced the signing of a share purchase agreement (SPA) with shareholders representing more than 41% of the share capital of UVESA, one of the leading poultry production companies in Spain. MHP is an international agri-food company listed on the London Stock Exchange, producing high quality, healthy food to improve the lives of consumers. The company operates in the agriculture, food production and retail sectors, with manufacturing facilities in Ukraine and the Balkans, as well as subsidiaries in the Netherlands, UK, UAE, Saudi Arabia and other EU countries. 4

• Rubén Martínez has reacquired 100% ownership of Grupo Avícola Rujamar by purchasing the 25% stake held by Tresmares Capital, Banco Santander’s private equity firm. Tresmares joined Rujamar in 2020, during which time the company tripled its revenue to €75 million and reached an EBITDA of €25 million, driven largely by organic growth and the acquisition of Avícola Mondejana. 5

• Bollo Natural Fruit, a company backed by Fremman Capital, has acquired Cortijo Cuevas (Goros Investments), a Granada-based firm specializing in fresh-cut fruit, marking its entry into the fourth range segment of ready-to-eat, packaged fruit. This strategic move aligns with Bollo’s goal to consolidate a more integrated and global business model, enhancing its product portfolio with the addition of pineapple. 6

• Spanish digital marketing and strategy firm t2ó ONE has acquired Canadian media agency Rebel & Thorn in a deal valued at approximately €20 million. The acquisition strengthens t2ó ONE’s presence in North America, where it expects to generate 30% of its EBITDA in 2025. In 2024, t2ó ONE reported €180 million in gross revenue, €44 million in net income, and €14 million in EBITDA. The company aims to reach €200 million in revenue and €20 million in EBITDA in 2025. Backed by investment fund Aurica since 2022, t2ó ONE has been expanding through acquisitions, focusing on tech-driven growth and AI-based solutions. 7

• US-based cybersecurity company Lumu acquired Maltiverse, a Spain-based threat intelligence company specializing in curated threat feeds and malicious indicators of compromise (IOCs). This strategic acquisition enhances Lumu’s ability to provide customers with deeper compromise context and strengthens its real-time threat intelligence capabilities. 8

• Audience intelligence platform Audiense was acquired by Buxton, a U.S.-based leader in customer analytics. The merger aims to transform consumer intelligence by combining Audiense’s advanced audience segmentation with Buxton’s three decades of experience in analyzing consumer behavior for over 3,400 brands. Buxton leverages proprietary data, AI, and multiple data sets to deliver actionable insights, while Audiense excels in helping brands optimize marketing, sales, and product strategies. 9

• Grupo Ezentis has acquired 55% of EDA Instalaciones y Energía for €8 million through its subsidiary, Ezentis Instalaciones y Mantenimiento. The payment was split evenly between cash and newly issued shares, to be approved in a May shareholders’ meeting. Ezentis also signed a staged agreement to acquire an additional 20%, reaching 75% ownership. EDA, which generated over €20 million in revenue in 2023 and 2024 and employs 70+ people, specializes in industrial installations and energy-efficient building maintenance. Ezentis financed the acquisition partially via a €5 million bridge loan from Inveready, convertible into equity by 2029, further supporting its growth strategy. 10

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I am a Partner at Albia IMAP. IMAP is an International Mergers and Acquisitions Partnership with a 50-year track record, more than 500 M&A professionals worldwide and a presence in 50 countries. IMAP has closed over 2,200 transactions valcued at $130bn in the last 10 years and is consistently ranked in the world’s Top 10 M&A advisors (Refinitiv) for mid-market transactions.