Proa-backed Palacios acquires Tortillas Palacios

The acquisition follows on from Tortillas Palacios' capital increases of last October and November, and sees Palacios Alimentación taking a 75% stake.

Industrias Cárnicas Floristán now holds 25% of the firm, which was founded last June after the cessation of the former business's production activities.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com

 

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• Topics
• Southern Europe
• Consumer
• Portfolio management
• Expansion
• Acquisition finance