Diana Capital's Grupo Lappí bolts on Grafica Calipolense

The GP told Unquote that the acquisition was financed through a previous capital increase injected by Diana Capital into Lappí. Following the acquisition, the group will employ 250 people and generate a turnover of around €30m, including €10m from Calipolense.

Diana Capital plans to further boost Lappí's expansion both in Spain and internationally, primarily in Portugal, France and Italy, and intends to pursue a buy-and-build strategy by completing additional add-ons in the coming months.

The GP acquired a 46% stake in Lappí in May 2017 as part of a capital increase, while the company's chair and sole shareholder prior to the transaction, Antonio Lappí Perea, retained the remaining majority holding in the business. The GP deployed capital from its €110m Diana Capital II fund.

Company
Established in 1974 and headquartered in Évora, Grafica Calipolense is a producer of paper and self-adhesive labels for the beverages and food industries. The company sells its products in Portugal, Spain, France, Ireland, Israel and several African countries. It employs a staff of 92 people and in 2018 generated revenues of €10m, of which 20% came from outside Portugal.

People
Diana Capital – Jose Javier Fernández Las Heras, Pedro Gortázar (principals).
Grupo Lappí – Antonio Lappí Perea (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• Southern Europe
• Industrials
• Portugal
• Build-up
• Buy-and-build