Mémora acquires two companies in Spain
March 2010: Mémora, the largest funeral services provider in Spain and Portugal, acquires Servicios Funerarios de Majadahonda in Madrid and La Funeraria Santiago el Calero in the Canary Islands. Servicios Funerarios de Majadahonda strengthens Mémora’s presence in Madrid, where it already operates in Coslada, El Corredor del Henares, San Sebastián de los Reyes and the […]
COLONY CAPITAL acquires Goldman Sachs’ debt position in COLONIAL
December 2009: SOCIOS advises Colony Capital on the acquisition of Goldman Sachs International’s participation in Inmobiliaria Colonial’s 4,300 million Euros syndicated loan. Colony Capital is a global private equity firm, focusing primarily on real estate sector. Since its foundation in 1991, Colony has invested more than 40,000 million dollars and currently has funds under management […]
BARRY CALLEBAUT to acquire Spanish chocolate maker CHOCOVIC
November 2009: SOCIOS advises Nederland Group, the leading Spanish cocoa manufacturer, in the sale of its subsidiary Chocovic to Barry Callebaut. The current owners of Nederland Group will retain ownership of the other activities of the company, which include Moner and Nederland (cocoa processing). Chocovic specializes in chocolate and specialty products for industrial and […]
Cinfa and Faes Farma reach an agreement to reinforce the commercialization of generic medicaments in Portugal
November 2009: Laboratorios Cinfa and Faes Farma reach an agreement for the commercialization and distribution of generic medicaments in Portugal, aiming to exploit mutual synergies and become one of the top players in the industry. By virtue of this agreement, Laboratorios Cinfa will contribute its leadership experience in the Spanish generics market and the experience […]
RoomMate Hotels increases its share capital to finance its expansion plans
July 2009: RoomMate Hotels completes a capital increase subscribed by the Family Office of Rosalía Mera and the family group lead by Pedro Agustín del Castillo, President of Binter Canarias. RoomMate Hotels, created by its majority shareholder Enrique Sarasola, began operating in 2001, successfully developing an innovating business model based on middle sized avant-garde hotels […]
USP shareholders reach an agreement with financing banks to restructure the company’s capital
June 2009: Barclays and RBS reach an agreement with shareholders and the management team of USP to restructure the Company’s capital and assume majority ownership. USP, acquired by Cinven in 2007 for approximately €675 millions, is a leading player in the Spanish private hospital sector with 13 facilities. The Company manages more than 1,200 beds, […]
Chillida welcomes Inversiones Valencia Capital Riesgo as a new minority shareholder in the company
March 2009: Following the acquisition of Siemens Building Technologies Security, Socios Financieros advises Chillida, the 4th largest company within the alarm and security systems market in Spain, in the identification of potential investors for a minority stake in the merged company; the transaction was completed, after a competitive process, with Inversiones Valencia Capital Riesgo.
Ferretti disposes of its majority shareholding in Pinmar
January 2010: Ferretti, the world’s largest manufacturer of luxury yachts, reaches an agreement with a financial investor group including the subsidiary´s management team to sell its 60% shareholding in this yacht repainting business, the largest such business in Europe. This disposal marks another step in Ferretti’s restructuring process following the sale of the business by […]
Laboratorios Cinfa acquires part of the OTC portfolio of a Spanish pharmaceutical company
January 2010: Laboratorios Cinfa completes the acquisition of part of the OTC product portfolio of a Spanish pharmaceutical company. Laboratorios Cinfa, the leading Spanish laboratory in the generic medicaments market, has acquired part of the OTC product portfolio of a Spanish pharmaceutical company, strengthening its leading position in this market. SOCIOS provides financial advise […]
3i acquires 100% of Mémora for €330 millions
November 2008: UK private equity fund 3i Group, listed in the London Stock Exchange, has acquired 100% of Mémora Inversiones Funerarias, the leading Iberian funeral services provider owned by Acciona (75%) and Caja Madrid (25%). With a network of 91 funeral parlours, 16 cemeteries and 14 crematoriums, Mémora is the leading funeral services operator in […]