December 05, 2017
Translink Corporate Finance announces the sale of 22,41% of Atrian Bakers S.L., a Spanish conglomerate of companies dedicated to manufacturing and distribution of frozen dough, both for bread products, pastries and cakes to Bansabadell Inversió Desenvolupament S.A.U. Translink acted as financial adviser to the owners of Atrian Bakers S.L.
Atrian Bakers Group is comprised by a conglomerate of 7 companies present in 22 countries. It has 3 modern facilities located near Barcelona (Spain) and in Alcobaça (Portugal) with 6 production lines. Last year turnover of the group was 40 million euros with an EBITDA of 2,7 million euros (6,8% over net sales).
Bansabadell Inversió Desenvolupament S.A.U. is the investment fund of the Spanish bank Banc Sabadell which is the fifth largest bank in Spain. Through the acquisition of Atrian Bakers, Banc Sabadell expects to boost the company’s production and revenues and sell the company in the near future.
Contact our Team Members advising in this transaction:
Windcorp Translink is the partner firm of Translink Corporate Finance in Spain and provides financial services, including M&A processes as well as in financial restructuring and independent company valuations, to both national and international companies either listed or in the midmarket segment. Founded in 1989, Windcorp Translink has advised companies in several industries and has successfully closed over 250 transactions with an aggregated volume of EUR 5,000 Mn.