SPAIN - Corpfin takes 65% stake in Sinaer

The balance is retained by the company's founder Alberto González.

Madrid-based Sinaer is made up of two divisions: Sinaer Maintenance, which manages the firm's maintenance services; and Sinaer Plus, which supplies aircarriers.

The company, which counts Ryanair and Iberia among its clients, employs close to 50 people and projects a EUR 50m turnover in three years' time. Corpfin plans to use the company as a platform for a buy-and-build growth strategy, foreseeing an approximate investment of EUR 30m over the next four years.

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• Topics
• Buyouts
• Southern Europe