SPAIN – MCH backs weapons manufacturer

The investors have taken an 80% stake in Industrias El Gamo, Europe’s largest air guns’ maker. The other 20% is retained by the founders and owners.

Banco Sabadell provided EUR 40m to finance the deal of which EUR 5m is destined to fund future investments by Gamo.

Barcelona-based Industrias El Gamo, was founded in 1959 by the Casas family which owned the company until now. Gamo distributes its products in 50 countries including the US. The company acquired a local distributor that became Gamo USA Corporation in 1995 to reinforce its presence in the North American market.

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• Buyouts
• Southern Europe