Sabadell Corporate Finance has exclusively advised Portobello Capital (hereinafter “Portobello”) and Industrias Alimentarias de Navarra (hereinafter “IAN”) on the acquisition of 100% of the shares of the Taboada Grupo Alimentario (hereinafter “Taboada”).

Taboada is a long-established canned food manufacturer with a broad product range including vegetables, pulses and fruits, with special focus on tomato and tomato sauces for the foodservice channel. The company has followed and steady growth reaching €22,7 m. sales in 2014.

IAN is a Spain based company engaged in the production and commercialization of vegetable products and ready-to-eat meals. In 2014 IAN revenues totalled €111 m. with 25% derived from export markets. The group has two production plants in Spain and one in Ling Bao, China.

Portobello Capital is a leading private equity firm in the Spanish “Middle Market” managing approximately €800 million and a diversified portfolio of 9 companies.

Transaction Team

José Luis Zubizarreta, Director jzubizar@sabadellcorporatefinance.com

José López-Linares, Director jlinares@sabadellcorporatefinance.com

Fuente: Sabadell Corporate Finance

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