Spanish GP Meridia Capital, alongside investment firms Rijn Capital, Rocinante, US-based Elysium and US family office HRS Management, have bought a stake in Spanish low-cost airline Volotea from CCMP Capital and Corpfin Capital.
In addition, Agroponiente bolts on Lara Castañeda and increases its stake in Vegacañada
Development comes three years after the GP invested £8m in the construction equipment business
Existing investor Bayern Kapital also takes part alongside new investor Vesalius Biocapital
3i acquires the company for up to €16m, of which €8.7m was deployed on signing the deal