Grupo Alacant Secures Majority Stake Acquisition by Investindustrial
Deal News | Feb 07, 2025 | Finance Community ES 2 - Corporate M&A
Investindustrial has acquired a majority stake in Grupo Alacant, a leading independent ice cream producer in Spain. The acquisition, facilitated with advisory support from KPMG and Arcano Partners, is expected to bolster Grupo Alacant's production capacity and accelerate its international expansion. Founded in 1972 and based in Alicante, Grupo Alacant produces white-label and branded ice cream for major manufacturers, boasting over 850 employees and revenues exceeding 250 million euros in 2024. This strategic move aims to solidify Grupo Alacant's position in the European white-label market, leveraging Investindustrial's extensive mid-market transformation expertise. KPMG provided comprehensive advisory support, including tax, legal, regulatory, and labor aspects, while Arcano Partners also played a key role in the transaction.
Sectors
- Food & Beverage
- Private Equity
- Advisory Services
Geography
- Spain – Grupo Alacant is based in Alicante, Spain, and is a key player in the ice cream production industry in the region.
- Europe – The acquisition aims to expand Grupo Alacant's presence and consolidate its market position across Europe.
Industry
- Food & Beverage – Grupo Alacant operates in the ice cream production industry, which falls under Food & Beverage.
- Private Equity – Investindustrial is a private equity firm that has purchased a stake in Grupo Alacant.
- Advisory Services – KPMG and Arcano Partners provided advisory services in the acquisition process.
Financials
- 250,000,000 EUR – Revenue of Grupo Alacant reported for the year 2024.
- 16,000,000,000 EUR – The total funds raised by Investindustrial over its operational history.
- 8,000,000,000 EUR – Aggregate portfolio revenue managed by Investindustrial.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grupo Alacant | Target Company | Company | A leading producer of white-label and branded ice creams based in Alicante, Spain. |
| Investindustrial | Buyer | Company | A private equity firm with extensive experience in transforming mid-market companies. |
| KPMG | Legal and Advisory | Company | Provided tax, legal, regulatory, and labor advisory services for the transaction. |
| Arcano Partners | Financial Advisor | Company | Assisted in the acquisition process as financial advisors. |