Alantra advises the shareholders of Espadafor on the sale of a 40% stake to Bardinet

Jul 2024

Sell-side advisory

Madrid – Alantra has acted as the exclusive financial advisor to the shareholders of Industrias Espadafor, S.A. (“Espadafor”) on the sale of a 40% minority stake to Bardinet, S.A. (“Bardinet”), part of La Martiniquaise Group. The transaction represents a key milestone for Espadafor, as it is expected to foster the company’s presents in international markets.

Espadafor is a leading Spanish producer of special non-alcoholic beverages with unique expertise in alcoholic drinks. With a 10,000 m² production facility in Granada, the company generated €17 million in revenue in 2023 and has built a diverse portfolio of approximately 300 products.

Bardinet is part of La Martiniquaise-Bardinet Group, the second-largest French spirits company, with a strong global presence and a portfolio of international brands such as Label 5, Cutty Sark, Negrita, Gibson’s, and Marie Brizard.

Iñigo Mateache, Partner at Alantra, said: “Through a highly targeted approach, leveraging the team’s Beverage sector experience, we were able to identify the right strategic partner to support Espadafor’s growth and international expansion plans. The transaction structure aligns the interests of all stakeholders.”

The transaction further reinforces Alantra’s strong momentum in the Consumer Goods & Retail and Food & Beverage industries, building on the firm’s recent track record of advising on deals such as MidOcean Partners and QualiTech’s acquisition of Ellison Bakery, or Vandemoortele’s acquisition of Banneton Bakery.