MAWEEKLY · 15 de abril de 2024

Week 15 (2024) in M&A and Private Equity 🛰️🇪🇸

Weekly collection of transactions (April 8 - 14)

• Accenture has acquired Axis Corporate, a Spanish management and technology business consulting firm specialized in financial services. Axis Corporate enhances Accenture’s strategy and technology offerings that enable companies in Spain to reinvent their business models, more effectively manage costs and develop new products faster.1

• Kharis Capital has invested 44 million euros in Grupo Dani García (GDG), aiming to accelerate the group’s global development. This investment will allow GDG to expand its national and international presence, enhancing partnerships with luxury brands and hospitality services to elevate the culinary experience offered to the public. Kharis Capital, established in 2015 and backed by European families, bridges family offices with its investment targets, having already invested over a billion euros in various sectors. 2

• WSP Global Inc. announced that it has entered into an agreement to acquire 1A Ingenieros, a 250-employee Spanish consulting firm operating mainly in the Power & Energy sector. 3

• The Sener group, through its Aerospace and Defence division, has reached an agreement with Japanese firm NTT Data to purchase SCR, Sistemas de Control Remoto. Founded in 1994, SCR is a Spanish company specialized in the design, production and operation of high-performance unmanned aerial, land and naval systems, providing comprehensive solutions in both products and services. 4

• Repsol is entering the biomethane market with an agreement to take a 40% shareholding in Genia Bioenergy. This alliance allows Repsol to add significant human and technical capabilities to position itself early in this growing sector.5

• Sodena has partially divested from Jofemar, a company involved in vending, electric mobility, and energy storage, confirming its growth trajectory. The divestiture of about two-thirds of Sodena’s initial stake, which began in 2017, has yielded an annual return exceeding 10%. Despite the partial sell-off, Sodena will maintain its governance role within Jofemar. 6

• Taurus Group has reinforced its automotive division by acquiring Syncotech Innovative Solutions, a unit specialized in plastic injection and paint parts manufacturing for the automotive sector. This move enhances the capabilities of TAG Automotive, acquired by Taurus in 2022. The acquisition aligns with Taurus’s strategy to centralize production in Europe, reducing reliance on Asian and other European suppliers, and supporting its 2020-2025 strategic plan to boost local manufacturing. 7

• Reig Jofre commits to vertical integration in the production of biotechnological medicines with an investment of eur 5.8m in Leanbio. 8

• Compañía Vinícola del Norte de España (CVNE) has acquired the wine club Vinoselección through its distributor Vinos y Viñedos Montenegro. This acquisition aims to enhance CVNE’s digital presence by leveraging Vinoselección’s extensive online experience. Vinoselección, which has a strong market position and a growing business, will benefit from being part of one of Spain’s major winemaking groups, gaining additional resources to fuel its growth and further develop its digital channels. 9

• EQT announced that has agreed to acquire a majority position in Universidad Europea from Permira, who will retain a significant minority stake in the Company. Established in 1996, Universidad Europea is one of the largest and fastest-growing private university networks in Europe. 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 450 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.

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