SPAIN - Baring acquires stake in Boniquet-Sparchim

Baring Private Equity Partners (BPEP), has acquired a minority stake in Laboratorios Boniquet-Sparchim. The consideration of the deal, in which Invercartera (Caixa Catalunya's private equity arm) has also invested, has not been disclosed. Boniquet-Sparchim has reported returns of over EUR 5om in 2005 and plans to intensify its activities in Mexico and Brazil, countries where it already has production plants.