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.