Bolseira Secures €9.5 Million Investment Amidst Strategic Expansion with CoRe Capital
Deal News | Jan 15, 2025 | Iberian Lawyer
Bolseira Embalagens, a Portuguese company specializing in small paper packaging, has received a significant investment of €9.5 million from CoRe Capital, a venture capital firm. With this investment, CoRe Capital now holds a 50.1% stake, making it the majority owner of Bolseira. The transaction was facilitated through the CoRe Consolida fund, part of Banco Português de Fomento’s Consolidar Programme, marking a strategic move towards expanding Bolseira's market potential and ensuring robust growth in its production capacities. Advisory roles in the transaction were played by SRS Legal representing Bolseira's shareholders and CS Associados advising CoRe Capital. SRS Legal's involvement was led by partner Nuno Miguel Prata, alongside associates Miguel Pereira Bonifácio and Joana Ferreira Gonçalves. This deal underscores CoRe Capital’s commitment to supporting SMEs in various sectors and building a resilient economy.
Sectors
- Venture Capital
- Packaging Industry
- Corporate Finance & Legal Advisory
Geography
- Portugal – Both Bolseira Embalagens and CoRe Capital are Portuguese entities, and the transaction involves a program by Banco Português de Fomento, emphasizing the geographical focus.
Industry
- Venture Capital – The article discusses the involvement of CoRe Capital, a venture capital firm, in investing and acquiring a majority stake in Bolseira Embalagens.
- Packaging Industry – Bolseira Embalagens operates in the packaging industry, specifically focusing on small paper packaging solutions, which highlights the sector's relevance in the article.
- Corporate Finance & Legal Advisory – The transaction involved advisory services from SRS Legal and CS Associados, showcasing their roles in corporate finance and legal aspects of the deal.
Financials
- €9.5 million – The investment amount made by CoRe Capital in Bolseira Embalagens, resulting in a 50.1% ownership stake.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bolseira Embalagens | Target Company | Company | A Portuguese company specializing in the manufacture of small paper packaging, particularly kraft paper bags. |
| CoRe Capital | Investor/Buyer | Company | A Portuguese venture capital management firm focused on SMEs and operating primarily in industrial and agro-industrial sectors. |
| SRS Legal | Legal Advisor | Company | Provided legal advisory services to the shareholders of Bolseira during the investment transaction. |
| CS Associados | Legal Advisor | Company | Advised CoRe Capital during the transaction, operating in the corporate and commercial sectors. |
| Banco Português de Fomento | Program Administrator | Government | Responsible for the Consolidar Programme that facilitated the investment fund used by CoRe Capital. |
| Carlos Fernando Tribuna | Shareholder | Person | Founding family member of Bolseira Embalagens involved in the transaction. |
| José Eduardo Tribuna | Shareholder | Person | Founding family member of Bolseira Embalagens involved in the transaction. |
| Helena Sofia Tribuna | Shareholder | Person | Founding family member of Bolseira Embalagens involved in the transaction. |
| Nuno Miguel Prata | Lead Legal Advisor | Person | A partner at SRS Legal leading the advisory team for Bolseira's shareholders. |
| Bernardo Abreu Mota | Lead Legal Advisor | Person | A partner at CS Associados who led the advisory team for CoRe Capital. |