Recalvi Acquired by Abac Capital for Majority Stake

Abac Capital, through its funds Abac SV Fund II and Abac S Value II, has acquired a majority stake in Grupo Recalvi, a prominent distributor of automotive spare parts in Spain. The transaction is intended to leverage Recalvi's existing market position and expand its operations further with Abac Capital providing strategic management support. Recalvi, with an extensive network comprising 48 sales points and four warehouses, aims to benefit from this new partnership while maintaining leadership continuity under founder José María Rodríguez, who will remain an active participant. Legal counsel was provided by MAIO Legal to the sellers, ensuring compliance and efficiency during the process, which awaits certain regulatory clearances before finalization.