Artá Capital acquires 75% stake in ONIX
Deal News | Nov 11, 2024 | Finance Community ES 2 - Corporate M&A
Artá Capital has successfully acquired a 75% stake in ONIX, a family-run business specializing in the production of premium glass mosaics for pools. The acquisition was structured through Artá Capital's fund, Artá Capital Fund III, which has achieved its targeted capital commitments totaling €400 million. PwC's M&A and Debt Advisory teams played a crucial advisory role in this transaction. ONIX, the acquired company, has annual revenues of €25 million and an EBITDA of €6.5 million. The deal reflects Artá Capital's strategic investments in quality manufacturing businesses with robust growth potential. PwC's expert team comprised partners such as Carlos Fernández Landa, Juan Alcibar, and Ana Martínez-Miralles, among others, highlighting the firm's capacity to manage significant corporate finance deals in the private equity domain. This acquisition underlines the growing interest in niche, high-quality manufacturing sectors within the private equity industry, supported by skilled advisory services.
Sectors
- Manufacturing
- Private Equity
- Financial Advisory
Geography
- Spain – Artá Capital and PwC, two key participants in the transaction, are based in Spain.
Industry
- Manufacturing – The article discusses ONIX, a company involved in the manufacturing of premium glass mosaics.
- Private Equity – Artá Capital, a private equity firm, is central to the transaction involving the acquisition of a significant stake in ONIX.
- Financial Advisory – PwC provided M&A and debt advisory services for the acquisition, highlighting the role of financial advisory in the deal.
Financials
- €400 million – Total commitments reached by Artá Capital Fund III for the acquisition.
- €25 million – Annual revenue of the target company, ONIX.
- €6.5 million – EBITDA of ONIX.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Artá Capital | Bidding Company | Company | Private equity firm acquiring a 75% stake in ONIX. |
| ONIX | Target Company | Company | Family business specialized in glass mosaic manufacturing for pools. |
| PwC | Legal and Financial Advisor | Company | Provided M&A and debt advisory services to Artá Capital. |