Grupo Barna Sold to ETSA Group in Sustainable Growth Move
Deal News | Jan 25, 2025 | Corpfin Capital
Corpfin Capital has sold Grupo Barna, a leader in the circular economy within the food sector, to the Portuguese ETSA Group. This transaction is poised to foster growth opportunities for both companies while aligning with sustainability and circular economy principles. Grupo Barna has established itself as an innovator in the food sector, producing proteins and oils by processing marine products. The company employs more than 120 people and operates two advanced facilities in Spain, which together process over 50,000 tons of fish by-products each year.
Sectors
- Circular Economy
- Food Sector
Geography
- Spain – Grupo Barna's operations are based in Mundaka, Basque Country and near Tarifa, Andalusia.
- Portugal – ETSA Group, the acquiring company, is based in Portugal.
Industry
- Circular Economy – Relevant because Grupo Barna operates in the circular economy by converting marine by-products into valuable proteins and oils.
- Food Sector – Grupo Barna is a participant in the food sector, focusing on the processing of marine products.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Corpfin Capital | Selling Company | Company | The private equity firm selling Grupo Barna to ETSA Group. |
| Grupo Barna | Target Company | Company | A company operating within the circular economy in the food sector, producing proteins and oils. |
| ETSA Group | Bidding Company | Company | The Portuguese company acquiring Grupo Barna. |