Meridia Private Equity I has sold its stake in Sosa Ingredients, a leading Spanish designer, manufacturer and distributor of technical food ingredients for the gastronomy segment, to Savencia Gourmet, a leading French manufacturer and distributor of premium food specialties worldwide.

Meridia Private Equity I invested in Sosa Ingredients in September 2016, subsequently giving entry to Savencia Gourmet via a capital increase so as to strengthen and develop Sosa Ingredients’ commercial presence in key international gourmet markets and to fund the enhancement of its production capacity through the acquisition and construction of brand-new production facilities.

Sosa Ingredients was Meridia Private Equity I’s first investment and is its second exit,following the divestment of its stake in Kipenziin 2019.

David Torralba, Partner of Private Equity at Meridia Capital, commented: “It has been a pleasure to work alongside Sosa Ingredients’ and Savencia Gourmet’s talented teams during the past years. We are very proud of the results achieved through this successful three-way partnership.”

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