SPAIN - Qualitas wins Alcasa deal

Rumour has it that the auction process, led by corporate finance boutique Atlas Capital, involved a number of private equity firms and industrial player Abengoa. Press reports speculate that the sale closed at EUR 80m.

Ibersuizas bought a 65% stake in Alcasa in 2002 for an undisclosed sum. Under the guidance of the private equity firm, the company doubled its turnover. It posted sales of about EUR 110m last year, one-third of which came from outside Spain.

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• Topics
• Buyouts
• Southern Europe
• Industrials