MAWEEKLY · 20 de mayo de 2024

Week 20 (2024) in M&A and Private Equity 🛰️🇪🇸

Weekly collection of transactions (May 13 -19)

• Arbonia acquires the Spanish market leader for doors, the Dimoldura Group. The markets of Dimoldura, based in Toledo (ES), complement the existing sales markets of the Doors Division. Dimoldura is the market leader in the area of wooden interior doors in Spain, the fifth-largestEuropean door market, and is also active with a strong market presence in Portugal and France.1

• Uriach, a Catalan company specialized in the Natural Consumer Healthcare sector, acquired the German group Pascoe. The alliance allows Uriach to strengthen the group’s presence in Germany, the Czech Republic and Slovakia, among others. With the acquisition of Pascoe and, once the corresponding regulatory authorizations are obtained for the formalization of the acquisition of the French group Laboratories Ineldea with which an agreement was reached at the end of 2023, Uriach will consolidate its position as leader of the Natural Consumer Healthcare business in Europe with the objective of having a turnover of more than 500 million euros in 2024. 2

• AMG, a partner to independent investment management firms globally, announced that it acquired a minority equity interest in Suma Capital. Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million in assets under management primarily across infrastructure and growth strategies. 3

• Germany based Ostendorf Kunststoffe, is continuing to expand its presence in Spain and is taking over Isoltubex, a Spanish manufacturer of piping systems. With its second acquisition in Spain, the Ostendorf Group is strengthening its position on the Iberian Peninsula and opening up new growth opportunities in the area of building technology. In December 2022, Ostendorf took over the Alicante-based pipe manufacturer Crearplast. 4

• Saica Group, one of the leading companies in Europe in the manufacture of recycled paper for corrugated board, has reached an agreement with the family owners of LIC Packaging to increase its participation, becoming the major shareholder of the company. LIC Packaging is located in the province of Brescia, in Lombardy, northern Italy. This plant has a revenue of 120 million euros in 2023 and provide direct employment to 351 people. Saica already acquired a minority stake in the company in 2001. 5

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• LLYC will acquire Dattis, a Colombian communications company that offers professional services related to communication, public affairs, and PR marketing to strengthen its position in Colombia and Latin America. 6

• Tinsa, a Spain-based holding entity specialized in the real estate sector and a portfolio company of Cinven, acquired Urban Data Analytics from Alantra. 7

• Monbake Group (CVC), the third Spanish manufacturer of frozen bakery, pastries and pastries, has announced the closing of an agreement for the acquisition of La Niña del Sur, a Spanish manufacturer of frozen pizzas, as well as pizza bread, mini pizzas and other related products, located in the province of Murcia. 8

• Logista, one of the largest logistics operators in Europe, has announced the increase in its stake of the Dutch company Speedlink Worldwide Express, a specialist in express (time critical) deliveries to and from the Netherlands. The Company announced in February 2022 the acquisition of 70% of Speedlink in an agreement which contemplated reaching a 100% stake. 9

• Safic-Alcan, a French distributor of specialty chemicals, announces the acquisition of Beck Ingredients, a distributor of essential ingredients, including amino acids, vitamins, and other actives, catering primarily to the nutraceutical sector in Spain, Portugal, France, and Italy.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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