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Miura Partners, a Barcelona-based company specialized in investment and business development, has signed the acquisition of a majority stake in Aceitunas Serpis, the food group Cándido Miró, which stands out for the manufacture and marketing of stuffed olives, according to Expansión.
The operation, which seeks to internationalize the company, in the hands of the fourth generation of the owner family, will be announced throughout the day. Along with Miura, one of the great-granddaughters of the founder, Estrella Cantó, has also reinvested and will remain in the management as CEO. Juan Gil, who will join the company as CEO, is also a shareholder.
The Spanish private equity firm usually invests in family-owned companies through Buy-Out and growth operations in order to expand nationally and internationally and develop these businesses. They have extensive experience in sectors such as Consumer & Retail, Industry, Services, Health and Food.
With the acquisition of Cándido Miró, Miura strengthens its position in the snacks category and will work to drive innovation, growing the company and introducing new categories such as healthy products.
Cándido Miró, based in Alcoy (Alicante) and founded almost a century ago, grew by 30% in 2022 compared to the previous year, achieving a record turnover of 50 million euros, according to Expansión. In this way, Aceitunas Serpis will join other companies in which Miura participates, such as Indiba, Grupo Tragaluz, Grupo Saona, Brokers & Partners, Proclinics, Terrats Medicals, Educaedu, or EfectoLED, among others.