January 2015: José Ignacio Comenge acquires a shareholding in APEX.
APEX (Aperitivos y Extrusionados) is a leading provider of aperitifs in Spain with sales of approximately €50 million. The company sells a wide range of products under its own brands (Papas Vicente Vidal, Aspil etc) as well as private labels and is present across a wide range of distribution channels.
At the time of the transaction, APEX’s shareholders consisted of two Private Equity Funds (Clave Major and Sodena), other private investors and the company’s Chairman. The decision taken by the Private Equity Funds to dispose of their participation gives rise to a capital restructuring which sees the Chairman and the other private investors increase their shareholdings and José Ignacio Comenge acquire a minoritary interest.
SOCIOS advises the company on the identification of the new investor and all aspects related to execution of the transaction.
