Grupo Alacant Acquired by Investindustrial with KPMG Abogados' Expertise

Deal News | Feb 07, 2025 | Iberian Lawyer

Grupo Alacant Acquired by Investindustrial with KPMG Abogados' Expertise

KPMG Abogados has provided advisory services to Investindustrial for the acquisition of a majority stake in Grupo Alacant, a leading ice cream producer in Spain. Grupo Alacant, established in 1972 and based in Alicante, is renowned for its private label and branded ice cream products. The transaction saw participation from multiple KPMG Abogados divisions, including tax, legal, regulatory, and labor, directed by a team of partners, directors, and managers led by Ignacio Font on the tax side, and overseen by partner Luis Gómez on legal matters.

Sectors

  • Food & Beverage
  • Legal and Advisory

Geography

  • Spain – Grupo Alacant is based in Alicante, Spain, and is a leading ice cream producer in the country.

Industry

  • Food & Beverage – Grupo Alacant is a key player in the ice cream industry, producing both private label and branded products for large manufacturers.
  • Legal and Advisory – KPMG Abogados provided comprehensive advisory services covering tax, legal, regulatory, and labor aspects in the acquisition process.

Financials

    Participants

    NameRoleTypeDescription
    Grupo AlacantTarget CompanyCompanyA leading ice cream producer in Spain, focusing on private label and branded ice cream production.
    InvestindustrialBidding CompanyCompanyA private equity firm acquiring a majority stake in Grupo Alacant.
    KPMG AbogadosLegal AdvisorCompanyProvided advisory services on tax, legal, regulatory, and labor matters for Investindustrial's acquisition of Grupo Alacant.