Translink Corporate Finance in Norway and Spain acted as the M&A advisor to Visma, leading provider of mission-critical software on its investment in tugesto, a prominent Spanish provider of cloud payroll and other essential business tools.
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Translink Corporate Finance in Spain and Translink Corporate Finance in Portugal advised the CECOP Group in its acquisition of Ergovisão. The transaction includes the master franchise of Ergovisão and Unioticas as well as Ergovisão’s procurement business of optical products.
Translink Corporate Finance acted as the exclusive financial advisor to the shareholders of LVT Moto on the majority stake sale to Lagermax Group. The transaction will see Lagermax Logistics Austria GmbH take over the Spanish motorcycle logistics, thus further expanding its European network in two-wheeler logistics.
Translink Corporate Finance in the UK and Translink Corporate Finance in Spain acted as the advisors to CECOP, a leading global purchasing group for opticians, on the acquisition of National Eyecare Group (NEG).
Translink Corporate Finance in Germany and Spain advised CECOP Group (CECOP) in Spain on the acquisition of EGS-Optik GmbH based in Germany.
Based in Bavaria, EGS-Optik is one of the largest German buying groups and boasts 500 members, making it the fifth largest buying group in the country, according to the annual ranking of the German association of opticians (ZVA).
Translink Corporate Finance in Sweden (Anecta) and Spain, acted as the financial and strategic advisors to Miss Group in their first acquisition of 2023.
Miss Group has completed its first acquisition of 2023 – web hosting specialist SERED, further expanding its footprint across Spain. Joining Miss Group’s existing brands in the Spanish market, professional hosting and ADW, SERED is one of the country’s most established providers of web hosting products, servicing over 25,000 customers. SERED’s team of 25 staff will join Miss Group’s team of over 350 people, adding to its customer base of more than 700,000 businesses across the Nordic and DACH regions, Europe, and North America.
Pedrollo Group, one of the world’s leading electric water pump producers with headquarters in Italy, has acquired a majority stake in Bombas Saci S.A. (“Saci Pumps”), a Spanish company based in Barcelona (Granollers), specialised in the design, manufacturing, and distribution of swimming pool pumps.
Holon-Translink in Poland, together with Translink Spain team have finalised a project to attract a global investor for the largest paper waste recycler in northern Poland – Fox Recykling. 76% of the company’s stakes have been acquired by Saica Group, a European market leader in the development and production of recycled paper for corrugated board and one of Spain’s largest family-owned companies with turnover of almost €4 billion.
Translink Corporate Finance in Germany and Spain advised Medical Fomento Industrial (MFI), a vertically integrated health & safety group based in Bilbao, on the sale of its operating subsidiaries Ibervisión Servicios Ópticos S.L., Medop S.A. and Elaboria S.L. to the German stock-listed company, Fielmann AG. The purchase price for all shares in the companies is based on a cash and debt-free valuation of approximately € 70.8 million.
Baobag, supported by its majority shareholder LBO France, pursues its international expansion with the acquisition of its Spanish competitor, Satucesa. Translink advised Baobag, a French specialist in the design and distribution of Big Bags, in its first European acquisition to become one of the top 3 players of the Spanish market. Baobag was founded by the merger between Sacherie du Midi and Framapack in 2007. The company is a pure player in design and distribution of flexible intermediate bulk containers (FIBC), commonly known as Big Bags. Thanks to the development of long-lasting and exclusive relationships with trusted manufacturing partners and an in-depth knowledge of its customers’ requirements in a wide range of markets, Baobag is the leader in the French market for the design, import and distribution of Big Bags and has successfully entered the Moroccan and Spanish markets through organic growth. Supported by its new majority shareholder since July 2021, LBO France, the Group acquired Satucesa to strengthen its presence in the Iberian market. Satucesa, a Spanish company founded in 1993, became one of the leaders in the Spanish market. Managed by the founder Jordi Meler, the company reached a turnover of approximately €15m in 2021. Satucesa is based in Barcelona and employs eight people in its back office as well as a dozen sales agents located in Spain and Portugal. It owns a warehouse of 3,000 sqm providing the company with a powerful logistic base connected to the port of Barcelona. This acquisition of a leading company in its market is in line with Baobag’s international development strategy. Through this operation, the Group also acquires a modern logistic center near a major Mediterranean port enabling significant synergies with its subsidiary, Baobag Iberica. “Thanks to this operation, Baobag Group will achieve a turnover of €80m in 2022 and therefore become a major European and African player in the Big Bags market, while strengthening its position toward suppliers” says Fabrice Saffré, President and CEO of Baobag Group. The Group’s ambition is to continue developing through both organic growth and via acquisitions in Europe and Africa. In this regard, new acquisitions are currently under consideration.
About Baobag
Since 1974, Baobag has designed, imported and distributed flexible packaging solutions for industry, agriculture, environment, specialized distribution and construction sectors. The Group has established itself as one of the European leaders in the supply of Big Bags, in particular by allowing its customers to have a personalized reference that meets their specifications. Indeed, research and development are an integral part of Baobag’s DNA. Many of their bags have thus become standards and are used as references in various sectors (food processing, waste treatment, etc.). Finally, Baobag and its manufacturing partners respect precise commitments in terms of sustainable development, labor rights and ethical business relations. These CSR standards are monitored through regular factory audits according to SMETA or ICS norms, in full transparency with some of the company’s customers. This innovative CSR policy has been awarded by the EcoVadis silver label since 2018, the global standard for CSR assessments.
About Satucesa
Founded in 1993 by taking over the activities of Iberica Slings, Satucesa is a Spanish specialist in the design, import and distribution of flexible packaging solutions mainly for the chemical and food industries. Satucesa has become a key player in the Iberian market thanks to a range of highly technical products, powerful logistics and a proven know-how. It has a portfolio of more than 400 well-known and demanding Spanish customers in leading industries.
Contact our Team Members advising in this transaction:
Headquartered in the city of lights, Paris, and with an office in the beautiful port city of Bordeaux, Translink CF France, formerly Financière Monceau CF, is an independent mid-market M&A boutique. Founded 10 years ago by finance entrepreneurs aged under 30, Translink CF France puts the emphasis on its entrepreneurial DNA when it comes to advising its clients.
Translink Corporate Finance Spain is the jewel of Iberian M&A firms. With more than 100 years of combined experience, Translink’s five lead partners have successfully advised over 300 transactions in a variety of sectors including: packaging, IT, food, industry, logistics, agribusiness, pharmaceutical and retail among others.
Arthur Libier
Translink France
Vice President
alibier@translinkcf.com
Jacques-Henri Rieme
Translink France
Partner
jhrieme@translinkcf.com
Stanislas Reinhart
Translink France
Analyst
sreinhart@translinkcf.com
Tran-Minh Thai
Translink Spain
Partner
tmthai@translinkcf.com
TRANSLINK INTERNATIONAL AG
