Spanish GP Magnum Capital has acquired a majority stake in Iberchem, a Spanish fragrances producer, from Capital Alianza.
The company's management team has upped its stake in the firm as part of the transaction. The investor made an offer of around €80m, equating to 8x EBITDA. The company was sold through an auction...
New combined entity will generate revenues in excess of €300m
Investment marks the fourth round of funding for the UK-based tyre replacement business
Deal marks the fund’s second transaction executed on a stand-alone basis
Backers include existing investors Capnamic Ventures and Iris Capital, as well as business angels