With more than 80 years of experience and headquarters in Chilches (Castellón), Llusar is dedicated to the production and commercialization of premium oranges and mandarins. Its export activity began in the 1960s, initially focused on France. The company currently generates sales of 63 million euros, of which 85% come from exports.
Norgestion advised private equity fund MCH and SanLucar Fruit, specialized in fruits and vegetables production and marketing, on the acquisition of a majority stake in Llusar, a premium orange and mandarin company. With this transaction, Llusar will obtain enough funds to undertake its ambitious growth plans, both at an organic and inorganic level. The Llusar brothers will continue to lead the company’s management team.
Norgestion identified the opportunity and negotiated a bilateral process for MCH, relevant achievement considering the significant interest that all these assets are generating among the Private Equity firms that operates in the Spanish market. Furthermore, Norgestion played a key role in the transaction strategic design and execution.