Nazca buys Europastry and Volapié
Food Box , whose team includes professionals with extensive experience in the sector, coming from companies such as 100 Montaditos, La SureñaTGB and Burger Kingt aim to become a leading multi-brand restaurant group in Spain with up to 350 outlets in the next five years.
Portobello completes Ian's purchase of Viscofan
Portobello buys Ian's 100%, a subsidiary of Ian's which groups the canned food brand Carretilla, and its subsidiaries Lingbao Baolihao, Food Industrial and IAN Peru. The price of the transaction was €55.8 million.
"With this sale Viscofan seeks to focus on the packaging sector and concentrate its resources and efforts on its core business. This kind of move to focus on the core of the business and remove the diversification processes is very topical" says Diego Gutiérrez of abra-invest.
Daruan VC invests in Buyfresco
Daruan vc has led a financing round in a platform for home delivery of 'healthy recipes and the ingredients needed to cook them. The round was also attended by the current partners, the seed capital funds Plug And Play, Danka Capital and Mola Factory, various business angels sector such as Carlos Domingo (former CEO of Telefónica I+D).
"According to a study carried out by the company Logic- endthe food-tech sector has grown considerably in Spain in 2014 with the creation of innovative companies in the sector and the creation of new ones.is an example of this. Until recently it was limited to selling products online," says Diego Gutierrez of Abra-Invest.
Frutarom acquires Ingrenat
The Israeli Frutaromspecialising in natural dyes for the food sector, has purchased the 100% of Ingrenatthe Murcian producer of Natural Ingredients by $9M.
"The operation is part of Frutarom's international expansion strategy, which has already acquired six companies in the last few months", comments Diego Gutiérrez.
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