Industrias Espadafor Sells 40% Stake to Bardinet
Deal News | Feb 14, 2025 | Finance Community ES 2 - Corporate M&A
Alantra has acted as the exclusive financial advisor for the shareholders of Industrias Espadafor in the sale of a 40% minority stake to Bardinet, a part of the La Martiniquaise Group. This transaction marks a significant milestone for Espadafor, expected to enhance its international market presence. Espadafor, a leading Spanish producer of non-alcoholic specialty beverages, has a 10,000 sqm production plant in Granada and generated 17 million euros in revenue in 2023 with a diversified portfolio of around 300 products. Bardinet, part of the larger La Martiniquaise-Bardinet, is the second-largest spirits company in France with a robust global presence. Iñigo Mateache, a partner at Alantra, noted that the transaction aligns the interests of all stakeholders and is designed to support Espadafor’s growth and international expansion.
Sectors
- Beverage Industry
- Financial Advisory
Geography
- Spain – Industrias Espadafor, the target company, is a leading Spanish producer of non-alcoholic beverages.
- France – Bardinet, the company acquiring the stake, is a part of the La Martiniquaise Group, the second-largest spirits company in France.
Industry
- Beverage Industry – The article discusses companies within the Beverage Industry, specifically focusing on non-alcoholic and alcoholic beverages.
- Financial Advisory – Alantra participated in the transaction as a financial advisor, highlighting the role of financial advisory in M&A deals.
Financials
- 40% stake – The percentage of shares in Industrias Espadafor sold to Bardinet.
- 17 million euros – Revenue generated by Espadafor in 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Industrias Espadafor | Target company | Company | A leading Spanish producer of non-alcoholic specialty beverages. |
| Bardinet | Buyer | Company | Part of the La Martiniquaise Group, a major player in the global spirits industry. |
| Alantra | Financial Advisor | Company | Served as the exclusive financial advisor to Espadafor's shareholders. |
| Grupo La Martiniquaise | Parent Company | Company | The parent company of Bardinet, and the second-largest spirits company in France. |
| Iñigo Mateache | Partner at Alantra | Person | Key advisor on the transaction from Alantra. |
| Carlos Rodríguez-Via | Team member at Alantra | Person | Part of the Alantra team advising on the deal. |
| Alexandra Fernández Hernández | Team member at Alantra | Person | Part of the Alantra team advising on the deal. |