Carlyle has sold its majority stake in Spanish food producer Grupo Palacios Alimentación (Palacios) to MCH Private Equity, Ardian and co-investors.
Management team retains a minority stake in electrical engineering company Cesa-cap
Creamy Creation will retain its management team but Wagram will bring in a managing director
Company plans to consolidate its market position, and further expand internationally
New recruit will take on the role of investment and portfolio director at the growth capital firm