Categoría: Publications

Vinca Capital acted as the seller’s advisor

February 5, 2025 – On December 19, 2024, an agreement was signed in Valencia under which the French company Salvi Groupe acquired 100% of the shares of the Valencian transport company Dietrans. The sale was completed following a structured process coordinated by Vinca Capital, which was engaged by Dietrans‘ shareholders to help ensure the continuity of their business.

Founded in 1992 in Valencia, Dietrans specializes in domestic freight transport by road. The company has a family-owned structure and is currently run by the second generation. The agreement allows the company to consolidate its growth over more than 30 years of history and strengthen its future plans with an international partner.

Vinca Capital supported Dietrans’ shareholders throughout the entire sale process, analyzing different strategic options, which included interest from both financial and industrial buyers. In the end, Salvi Groupe, a leading company in the sector, emerged as the successful bidder.

This transaction enables Salvi Groupe to reinforce its presence in Spain, where it already had an operational branch in Castellón, specializing in the transport of ceramic products. The acquisition of Dietrans enhances its footprint in eastern Spain, adding 40 trucks to its fleet and expanding its portfolio with top-tier clients such as Pernod Ricard and Lactalis (Puleva).

For this transaction, the sellers were advised by Vinca Capital and Across Legal, while the buyers were advised by Cairus and Mariscal & Abogados.

Vinca Capital has advised the selling family in the operation.

Expansión 16/06/2023 – Miura Partners, a Spanish Private Equity, closed yesterday the acquisition of a majority stake in Cándido Miró food group, known commercially as Aceitunas Serpis and pioneer in Spain and the world in the manufacturing and marketing of olives stuffed with anchovy.

The transaction, which is expected to be announced today, seeks to accelerate the growth and internationalization of the company, which to date was in the hands of the fourth generation of the owner family. Estrella Cantó, great-granddaughter of the founder, reinvests alongside Miura and remains in management as general director. The group has also hired Juan Gil as CEO, who also participates in the shareholding.

Candido Miró, founded in 1926 and based in Alcoy, closed last year with a record turnover of 50 million euros, 30% more than a year before. The forecast is to maintain a good pace and exceed 55 million euros in income during the current year. The group’s EBITDA is around 15 million euros.

With this transaction, Miura invests in the snacks category, one of the fastest growing in the food sector. Together with the fund, Cándido Miró will boost its innovation, enter new categories of healthy products, strengthen its industrial capacity and explore complementary acquisitions that contribute to accelerating growth.

The group, with presence in 30 countries and a leadership position in Spain, Mexico and other Latin American countries, will now attack other European markets and the United States.

The operation has been financed mainly with capital, although BBVA, CaixaBank, Sabadell and Targobank participate with a loan for the acquisition and a line of credit for investments. PwC, Vinca Capital, Garrigues and Gómez-Acebo y Pombo were the advisors on the agreement.

Aceitunas Serpis thus joins the portfolio of companies owned by Miura, of which Indiba, Educaedu, Brokers Alliance, Proclinic, Terrats Medical, Citri & Co, Grupo Tragaluz, Saona, EffectLED, Italcer, Gloval and Tekman are already part.

Click here to access the news.

Vinca Capital has advised the sellers

The Detia Degesch Group (DDG) based in Laudenbach, Germany has acquired Roca Defisan SL in Spain and its sister company in Portugal, Fumitech Lda. effective July 08,2021.

The success story of the the Detia Degesch Group is based on long-term thinking, continuous willingness to invest and financial independence. The family tradition has stood for quality, expertise and innovation for over 200 years.
With the synergy of the two companies, the Detia Degesch Group based in Laudenbach continues to grow. The medium-sized family company, which already plays a leading role internationally in the field of stored goods protection, expands its market position with the acquisition of the Spanish company Roca Defisan SL and its Portuguese sister company Fumitech Lda.

Dr. Marco Rudolf, Managing Director of the Detia Degesch Group: “We are very pleased to be actively driving our growing business in stored product protection with this acquisition. As Detia Degesch Group, we will be able to offer an even broader range of solutions for our customers and further develop our products and services with and for our customers in a future-oriented manner. The experience and the know-how of all employees will support us in further developing our leading role. We look forward to working with around 120 new colleagues by our side.”
Since its establishment in 1982, Roca Defisan SL, headquartered in Valencia, has been one of the leading companies in Spain providing services for the public health sector, phytosanitary post-harvest treatments and the health maintenance of the storage of agricultural raw materials for the food and feed industries.
Fumitech Lda. was founded in 2009 and is based in Lisbon. Like Roca Defisan SL, this company is also active in the service sector.

Both companies will continue to operate under their previous names.

About the Detia Degesch Group
Detia Degesch Group, headquartered in Laudenbach, Germany, is a mid-market, internationally leading group of companies in the chemical industry, manufacturing plant protection products in the area of stored product protection. There are subsidiaries in six countries with approximately 500 employees. Detia Degesch Group products are distributed worldwide to more than 120 countries.

Emxys (Embedded Instruments & Systems), a Spanish company based in Alicante, has closed a €2 million funding round led by Mundi Ventures and with participation from CDTI. Vinca Capital served as financial advisor and Gesem served as legal advisor to Emxys in the transaction.

• Emxys, a space technology company, has raised €2 million in funding.
• The round was led by Mundi Ventures with participation from CDTI.
• Financing from the round will be used to develop the Odaliss project, an innovative platform for small satellites with laser communications.

With these funds, Emxys wants to boost the Odaliss project, which focuses on the development of CubeSats, small satellite platforms, featuring satellite-to-ground optical communications.

The Odaliss project arises from the need to improve data processing capacity in small satellites. Odaliss’ optical communication payload implements a two-way communication ground to satellite link with Infrared Laser. It is based on an innovative and energy-efficient technology that seeks to replace traditional systems operating overcrowded radio frequency bands. Optical communications offer higher data transmission rates in small satellites and at a much lower cost.

José Antonio Carrasco, Emxys CEO, stated that “after this round of funding, Emxys is ready to become a leading producer of high-performance satellite platforms. The Odaliss nanosatellite platform, equipped with an innovative optical communications transceiver for Space-Earth links based on Emxys’ proprietary technology, is a disruptive proposition in the New Space market, which is characterised by its high data throughput requirements».

About Emxys

Founded in 2007, Emxys has over 13 years of experience in the development of advanced electronic systems and their application to the space environment, especially nanosatellite-related technologies. They develop projects for space agencies and industrial contractors in space-related projects, providing reliable and competitive project management, as well as research and development services. So far, 24 space projects and 3 missions have been completed.

The technology company develops and produces equipment and integrated instrumentation, aimed at data capture and control systems for both scientific and commercial space applications. It focuses on four technological fields: space systems, biomedical engineering, scientific instruments, and defence systems. Its R&D laboratory and administrative facilities are located in the Scientific and Business Park of the Miguel Hernández University in Elche. Emxys is a spin-off of this university.

About Mundi Ventures

Alma Mundi Ventures is a Venture Capital fund investing in B2B tech and Insurtech startups across Europe, the United States and Israel. The investments range from early Seed and Series A, to Series B and later stages. The headquarters are in Madrid and offices in Barcelona, London and Tel Aviv. The portfolio includes startups in London, Paris, Amsterdam, Berlin, Tel Aviv, San Francisco and New York. They bring value to entrepreneurs by leveraging their Limited Partners, leading European insurers, and a global network, called the Mundi Club, which groups more than 750 C-level executives in more than 50 cities worldwide.

About CDTI

The Center for Industrial Technological Development (CDTI) is a Spanish public entity that seeks to support innovation, through advice and investment; offering partially refundable grants, being its main objective to improve the technological level of Spanish companies. In this case, the CDTI has participated through its program Innvierte, which promotes business innovation by supporting venture capital investment in technology-based or innovative companies.

Vinca Capital has acted as advisor to the seller.

Expansion. 01.02.2019. The transalpine multinational, which has more than a billion euros in business, integrates the Valencian firm with headquarters in Meliana and a plant in Foios where it manufactures equipment for the food, cosmetic, chemical and pharmaceutical industries.

The manufacturer of components and industrial equipment Fluinox has become one of those small and medium-sized Valencian companies capable of attracting the attention of its large international competitors. So much so that one of the world’s largest manufacturers of high-pressure pumps and pistons for industrial processes, the Italian Interpump, will allocate more than 11 million euros to its acquisition.

The Italian group reached an agreement last December with Diego Gómez Caballero, founder and owner of the company, which has its headquarters in Meliana (Valencia) and a factory in the neighboring municipality of Foios.< /p>

Interpump, which is listed on the Milan Stock Exchange and had a turnover of 1,086 million euros last year, explained in a statement that the agreed price is 9.49 million plus the value of the box, which must be equal to or greater than 1.66 million. That is, the total figure will be at least 11.15 million euros.

A valuation that means recognizing a high potential for the Valencian company, since according to the buyer’s own information, Fluinox planned to close 2018 with a turnover of 8.6 million and a gross operating profit of 1 .5 million.

Fluinox was created in 2003 to carry out from the design to the manufacture and installation of large production equipment for the cosmetic, food, pharmaceutical and chemical industries. The company is specialized in processes involving the treatment and transformation of pastes and powders. For example, one of the equipment that has traditionally been manufactured is bread machines for the food industry. Although it started with this sector, due to its experience and its efforts in innovation -it is certified as an innovative SME- the Valencian company was able to make the leap to sectors with greater added value and that require special certifications such as the chemical, cosmetic and pharmaceutical industries. .

Interpump precisely highlights that its specialization in paste and powder makes it complementary to the range of products and services of the other company that the group owns in Spain, the Catalan company Inoxpa, which focuses on processes including fluids.

Fluinox has about 50 workers and in recent years had embarked on an internationalization process with the opening of commercial offices in Mexico and Chile.

After the agreement, the Valencian company will become part of Inoxpa itself, which the Italian group acquired in 2017 for 90 million euros. According to the Interpump statement, Diego Gómez will continue with «his collaboration with society.» Interpump has almost thirty subsidiaries and is directly present in 19 countries. In the last six years, the group has practically doubled its business and achieved a gross operating profit (ebitda) of 248 million.

You can access the complete news by clicking on the following link.