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...
Decision comes a week after company cut the value of its IPO by £1bn
Appointments come as part of a wide hiring spree at the global law firm
Startup will use the fresh capital for product development and to ramp up its UK presence
Two appointments aim to boost the group's international development