SPAIN - MCH beats Magnum on competition for Eptisa

It is understood that the latest offer surpasses a bid made by Magnum Industrial Partners by EUR 20m. Both firms are said to have been involved with the negotiation process for a few months, although Magnum is in advanced talks with the target.

Rumour has it that the two firms and three sector players are also involved in the competitive process, which should conclude within the next few days. Eptisa intends to start its new development stage with the expansion of its activities outside Spain. It posted EUR 175m sales in 2006 and plans to reach a turnover of EUR 300m by 2009. Eptisa forecasts EUR 300m sales by 2009.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Southern Europe
• Industrials