Artá Capital announces the final closing of its Fund III, reaching its target size of €400 million. The investor base of Fund III is composed of c.75% institutional investors and c.25% family offices.
Artá Capital’s successful recent track-record, together with the consistency of its investment strategy and experience of its team, have been key in achieving a high level of investment commitments. Some of Artá Capital's recent investments are Ferreira de Sa (luxury rugs), Adlanter (business services), Facundo (snacks), Vitaly (risk prevention services), Satlink (sustainable marine technology), Alvinesa (natural ingredients) or Monbake (frozen bakery).
Fund III will continue with an investment strategy aimed at becoming a trusted partner for entrepreneurs and families in Iberia, supporting organic and inorganic growth projects with a clear focus on long-term value generation.
Artá Capital has also closed the acquisition of a majority stake in Onix, which becomes the second investment of its Fund III. The company, founded in 1999 and based in Castellón (Valencia), designs and manufactures high-end glass mosaic for residential and commercial projects, mainly used for swimming pool coating. Onix has 75% of its sales in international markets, with a B2B distribution model for specialised distributors and professional clients.
Onix business model is built on the principles of circular economy, with sustainable practices integrated into every step of its production process: glass mosaic is produced from 100% recycled glass, with a water-free and waste-free production process that uses exclusively electrical energy (of which 72% from renewable sources and 40% self-generated). The result is a sustainable and 100% recyclable product.
The founder and current CEO, Carlos Lacomba, will reinvest alongside Artá Capital and will continue to lead the company as CEO with a 25% stake.
Artá Capital will leverage its extensive experience to foster an ambitious strategic plan focused on international expansion and continuous improvement of its product range and production capacity.
PwC (financial, debt and strategic advisory), Deloitte (due diligence), ERM (environmental) and Ashurst (legal) have advised Artá Capital and Bankinter Investment (financial advisor) and Lacomba Ortega & asociados (legal) have advised Onix.
About Artá Capital
Artá Capital is an experienced private equity investor specialized majority and opportunistic control-minority investments in the Iberian mid-market. Since its foundation in 2008, Artá Capital has been one of the most active funds in Iberia, having invested more than €1 billion in 20 leading companies in their sectors. In addition, Artá has executed more than 50 add-on acquisitions from their portfolio companies. Following Ferreira de Sá, Onix becomes the second investment of Fund III that will have a final size of €400m. For more information visit www.artacapital.com
About Onix
Onix is a leading glass mosaic manufacturer with extensive international footprint. Onix offers a unique ecological solution to commercial and residential projects that demand sustainable construction materials and design. Onix clear commitment to innovation and R&D enables the company to offer wide aesthetic possibilities and high customization, along with significant functional properties. For more information, visit www.onixmosaico.com
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