Sabadell Corporate Finance advises Portobello Capital and Industrias Alimentarias de Navarra on the acquisition of the canned food manufacturer Taboada

Sabadell Corporate Finance advises Portobello Capital and its portfolio company Industrias Alimentarias de Navarra on the acquisition of 100% of the shares in Taboada Grupo Alimentario.

Taboada is a Spain-based long-established canned food manufacturer with a broad product range including vegetables, pulses and fruits, with special focus on tomato and tomato sauces for the foodservice channel. The company generated sales of €22,7m in 2014.

Industrias Alimentarias de Navarra is a Spain-based company engaged in the production and commercialization of vegetable products and ready-to-eat meals with revenues of €111m in 2014. The group has two production plants in Spain and one in China.

Portobello Capital is a leading private equity firm in the Spanish “Middle Market” managing approximately €800 million and a diversified portfolio of 9 companies.