IPASA Embarks on Strategic Integration with Monbake
Deal News | Mar 12, 2025 | Iberian Lawyer

The integration of IPASA with the Monbake Group, backed by CVC Capital Partners, represents a significant strategic move in the frozen dough industry. Deloitte Legal has played a pivotal advisory role in facilitating this transaction. The merger allows IPASA to enhance its production capabilities and widen its commercial reach into new markets, while simultaneously solidifying Monbake Group’s leadership in the sector. Deloitte’s comprehensive M&A services, helmed by Agustin Del Rio and Carlos Reverter Rodrguez-Marqus, exemplify the successful execution of their End-to-End strategy.
Sectors
- Legal Services
- Private Equity
- Frozen Food Manufacturing
Geography
- Spain – Monbake is a Spanish group, and Deloitte Legal operates in Spain, indicating a geographic focus on the Spanish market.
Industry
- Legal Services – The involvement of Deloitte Legal in advising and facilitating the integration highlights the role of legal services in M&A transactions.
- Private Equity – CVC Capital Partners, a prominent private equity firm, is leading the integration, showcasing the influence of private equity in expansion strategies.
- Frozen Food Manufacturing – The Monbake Group operates within the frozen dough sector, indicating the relevance of the frozen food manufacturing industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
IPASA | Target Company | Company | A company integrating with the Monbake Group to expand its production and market reach. |
Monbake Group | Acquirer/Buyer | Company | A leading company in the frozen dough sector, seeking to reinforce its position through this integration. |
CVC Capital Partners | Private Equity Firm | Company | A private equity firm leading the Monbake Group in its strategic acquisition of IPASA. |
Deloitte Legal | Legal Advisor | Company | Provided legal advisory services in the integration process between IPASA and the Monbake Group. |
Agustin Del Rio | Partner at Deloitte Legal | Person | Participated in the transaction advising IPASA. |
Carlos Reverter Rodrguez-Marqus | Senior Associate at Deloitte Legal | Person | Involved in the legal advising of IPASA during the transaction. |