Kider Merges with Kimak to Become Leading Custom Solutions Provider

Deal News | Dec 12, 2024 | Finance Community ES 2 - Corporate M&A

Kider Merges with Kimak to Become Leading Custom Solutions Provider

Kider Store Solutions has strategically merged with Kimak, formerly known as Caamao, to form the leading provider of customized solutions in the design, manufacture, and marketing of furniture for commercial spaces in Spain. Kider, a leader in the food and consumer goods sector, aims to deliver durable and space-efficient furniture solutions that meet the demands of high-usage environments. Kimak, with over 35 years of experience, specializes in design, manufacture, and installation of systems, structures, furniture, and showcases for sectors such as fashion and luxury. This merger combines the strengths of both companies with a shared commitment to innovation and customer excellence. Kider had initially acquired a majority stake in Kimak five years ago and both companies operated independently until now. The transaction was formalized through a stock exchange, including the founders of Kimak in Kider’s ownership structure to leverage complementary expertise to offer greater customer value and strengthen market leadership across segments.

Sectors

  • Furniture Manufacturing
  • Commercial Retail Solutions
  • Mergers and Acquisitions

Geography

  • Spain – The merger between Kider and Kimak, two Spanish companies, focuses on enhancing their leadership in the commercial furniture solutions market within Spain.

Industry

  • Furniture Manufacturing – The article discusses the merger of two companies involved in the design, manufacture, and marketing of furniture solutions for commercial spaces, indicating their relevance to the furniture manufacturing industry.
  • Commercial Retail Solutions – Kider and Kimak specialize in furniture and installations for commercial spaces, catering to sectors such as food, fashion, and luxury, which aligns them with the commercial retail solutions industry.
  • Mergers and Acquisitions – The article focuses on the merger between Kider and Kimak, highlighting a significant transaction within the Mergers and Acquisitions industry.

Financials

  • – The transaction was formalized through an exchange of shares, but specific financial details such as the value were not disclosed.

Participants

NameRoleTypeDescription
Kider Store SolutionsTarget CompanyCompanyA leader in the furniture sector within the food and consumer goods industry, known for durable and space-optimized solutions.
Kimak (formerly Caamao)Vendor/CompanyCompanySpecializes in the design, manufacture, and installation of furniture systems, particularly in the fashion and luxury sectors.
AlantraFinancial AdvisorCompanyActed as a financial advisor, facilitating the merger between Kider and Kimak.
Roberto LeónManaging Partner at AlantraPersonProvided insights and commentary on the merger, reflecting on the transformation process and the strategic alignment.