ABE Capital Partners, a private equity firm specializing in investing in small and medium-sized companies with high growth potential, has acquired a stake in Quimunsa, a leading player in developing and formulating biocides for pest control and animal care. The objective of this acquisition is to support the company in its ongoing internationalization process and the development of new products. This investment is the fund's second acquisition after Plain Concepts.
Founded in 1962, Quimunsa has experienced double-digit growth over the last few years, positioning itself as a leader in the Spanish market and significantly increasing its presence abroad. This growth has been possible thanks to the quality and recognition of its product portfolio, its R&D investments in developing products for new applications, and its team's high degree of technical expertise obtaining the required registrations for the commercialization of its products.
The strategic plan of Quimunsa is based on organic growth at the national and international level, leveraging on its current product portfolio and the development of new product lines. In addition, the company will evaluate the potential acquisition of other companies to expand its product portfolio or facilitate access to new markets. Quimunsa has historically strived to develop the most advanced formulations on the market for pest control and pet care while adapting to the increasingly stringent regulations.
Quimunsa counts with molecules and commercial agreements that will lead to significant international growth in the short term. In addition to this, and aware of consumers growing demands for more sustainable products, the group's strategic plan includes the gradual incorporation of new lines of biological products to complement the current portfolio.
The current CEO will remain leading the company. He has stated that "ABE will be a great support. They have a long-term focus, are heavily involved in the company, and share the same vision. Together we are well prepared to achieve Quimunsa's full potential". Manuel Blanco, a partner of ABE Capital Partners, said that "Quimunsa has proved over the last years its ability to identify new growth avenues becoming an attractive platform for capturing organic and inorganic market growth. We are confident that internationalization and constant product evolution will continue generating positive results for the company".
ABE Capital Partners was advised on the deal by Escala Capital, KPMG, EY Parthenon, and Cuatrecasas. Quimunsa was advised by Argo Asesores Financieros and Buigas.
cloud technology axon
THE WISE SEEKER S.L.es una start-up fundada en 2018 por profesionales ...
