Corporación Financiera Alba and its private equity arm, Artá Capital, have sold their 24.38% stake in storage specialist Mecalux for €121.9m to the company's management and its majority shareholder Acerolux, controlled by the founding Carrillo family.
CIC is also fundraising for CIC Mezzanine & Unitranche 5, which launched in September and held a first closing on €150m
Round is one of the largest venture capital deals in Germany this year
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
Vitrulan has acquired the business for its broader product range and to expand internationally