MAWEEKLY ·
Week 41 (2024) in M&A and Private Equity 🛰️🇪🇸
Weekly collection of transactions (October 7 - 14)
• Minsait, an Indra company, has acquired 100% of MQA, a leading company in SAP business management solutions in Colombia and Central America (Panama, Costa Rica, Honduras, El Salvador, Guatemala and the Caribbean). 1
• Nazca sells its stake in IDP, a leading provider of BIM-based engineering services, to Bureau Veritas. This marks the third divestment from the Nazca Small Cap I Fund (raised in early 2019). 2
• 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 Pública, a Valencian company specialising in disinfection and animal pests. 3
• Ontime 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. 4
• Acerinox agrees to sell Bahru Stainless. Worldwide Stainless, a company registered in Malaysia, acquires the factory for the sum of USD 95 million. 5
• knowmad mood lands in the Mexican market and strengthens its leadership in cybersecurity with the acquisition of Grupo Antea. Additionally, it advances in its national and international inorganic expansion strategy, which began in 2022 with the acquisition of New Verve Consulting and Incipy in 2023, and continued in 2024 with the purchase of consulting firms Interwor and Germany’s ASERVO Software. 6
• The Spanish company PFSTECH (Anacap) strengthens its leadership in the LegalTech sector by integrating EMC Software Jurídico, a leader in the use of Artificial Intelligence and legal process automation. This move strengthens PFSTECH’s position in the market and enriches its technological offering by incorporating EMC’s innovative solutions, aimed at both the retail market for lawyers and procurators as well as the corporate sector of legal departments and servicers. 7
• VyOS Networks, a leader in open-source networking solutions, announced the acquisition of Sentrium, which will now operate as VyOS Networks Iberia. 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. 8
• Noray Seafood, a brand of fresh and sustainable shrimp from aquaculture, has been fully acquired by a new investment group, which is led by Bjorn Aspheim. To date, and under the leadership of the Creadev group, Noray has made significant progress in the development of its research and development (R&D), refining its marketing strategy and continuing with the expansion of its modern facility located in Medina del Campo (Valladolid). 9
• Mirai Investments strengthens its electronics division, OHMNIA GROUP, with the acquisition of Alcoelectro, a company based in Móstoles, Madrid, specialized in the assembly and manufacturing of electronic equipment. Since its foundation in 1989, Alcoelectro has worked with sectors such as telecommunications, electromedicine, lighting and railways, standing out for its ability to manufacture complex electronic systems and adapt to demanding markets. 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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More M&A and Private Equity (in Spanish):
🎙️ Fusiones y Adquisiciones Podcast: Web, Spotify, ivoox, Apple Podcasts, Google
https://www.acerinox.com/en/comunicacion/noticias/Acerinox-agrees-to-sell-Bahru-Stainless/
https://www.knowmadmood.com/en/news/knowmad-mood-acquisition-of-grupo-antea/
https://www.pfstech.com/en/pfstech-integrates-emc-software-juridico/
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