Food and Beverage Business
Finance

Spain sandwich maker Grupo Ñaming acquired by new private equity firm

Spain sandwich maker Grupo Ñaming acquired by new private equity firm Refrigerated Food and Beverage Business Grupo Ñaming

Grupo Ñaming, a convenience-foods maker based in Spain, has recently changed ownership with Italy’s DeA Capital acquiring a majority stake from Talde Private Equity. Jorge Miranda, CEO of Grupo Ñaming and a member of the founding family, has reinvested in the company and remains a minority shareholder. Talde Private Equity, known for investing in SMEs in Spain, had been a shareholder in the company for a decade. Financial details of the transaction were not disclosed.

DeA Capital stated that Grupo Ñaming has an annual turnover of €40.5m ($43.6m). The company, situated in Mallén in northern Spain, employs 350 individuals and operates a second factory in Madrid. In addition to sandwiches and smoothies, Grupo Ñaming’s product range includes wraps, salads, and desserts.

Miranda expressed that the deal “represents an important impulse for the growth of the company and the development of its team.” This acquisition marks DeA Capital’s third investment in Spain. The company’s portfolio in the region also includes baby food and plant-based dairy specialist Alimentación y Nutrición Familiar, a previous investment held for three years. DeA Capital is a part of the family-owned Italian conglomerate De Agostini Group, with interests in various sectors such as publishing and gaming.

The transaction signifies a significant development for Grupo Ñaming, positioning the company for future growth and expansion. Emphasizing the importance of strategic investments, DeA Capital continues to strengthen its presence in the Spanish market, demonstrating a commitment to the food and beverage industry. This acquisition aligns with the company’s investment strategy and reinforces its position as a key player in the sector.

Transitioning into biographical content, DeA Capital’s affiliation with the De Agostini Group showcases a diversified portfolio across multiple industries. With a focus on sustainability and innovation, the conglomerate’s interests extend beyond food and beverage, highlighting a strategic approach to business growth and development.

In conclusion, the recent ownership transfer of Grupo Ñaming underscores the dynamic nature of the food and drink business landscape. As the company embarks on a new phase under DeA Capital’s ownership, opportunities for further expansion and innovation are anticipated. This strategic move reflects the ongoing trends in the food and beverage industry, emphasizing a commitment to excellence and growth in a competitive market.

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