Oscar Sanchez
Norgestion
BARNA
Deal Type
Company sale
Sector
Consumer
Completion Date
1st June 2018
Deal Value
Not disclosed
Company Background
Spanish producer of omega-3 fish meal and oil for animal consumption. Top 3 industrial player in Spanish market.
The Group reported revenues 2017 of €c.14m and Adjusted EBITDA of €3,3m (EBITDA Margin 25%).
Deal Summary
CORPFIN (Spanish Private Equity), through a buy and build process, has acquired a majority stake (51%) in BARNA Group. In addition to this transaction, BARNA Group has integrated a complementary peer Company (HARINAS DE ANDALUCIA).
Value Added
NORGESTION has advised the seller shareholders of BARNA GROUP (sale side) in the transaction.
NORGESTION has lead the process as Corporate Finance and Legal advisor (Valuation, Negotiation, Coordination of DD coordinator, Timing, Contracts and relationship between both sides).
The current situation of the Group, developing (and investing) two new core businesses has hindered the agreement about the present and future value of the Group. The price will include a Earn-out concept regarding these projects.
Latest Mergers Alliance News
Mergers Alliance celebrated its Spring 2025 Conference in Barcelona (Spain) hosted by Spanish partners, NORGESTION
Proventis Partners (Germany) advised International School Potsdam and International School Erfurt on their sale to AcadeMedia
Opus Corporate Finance (UK) advises Swiss Life Asset Managers on its partnership with Planet Farms
Dresner Partner, (USA) advised Therafin Corporation on its partnership with Altimatemedical
Khronos Advisory (Thailand) has advised Electricity Generating Public Company Limited (EGCO) on USD95 million capital increase in PT Chandra Daya Investasi
Dresner Partners (USA) advised Connoisseurs Products on its sale to Willert Home Products
Ethica Group (Italy) advised Vicenza Mode, high-end knitwear manufacturer, in the sale of a majority stake to Sienna PE
