2014 shows a growth in operations of private equity in the textile sector, after 5 years of steady decline. If in 2012 there were 13 operations in the sector, year after year they have been decreasing until reaching 1 operation in 2012, but it seems that this year is going to be a good year for the sector. So far this year there have been 6 transactions, 50% more than all the transactions in 2013.
Opportunities in both growing fashion companies and companies in difficulty
Investors have seen opportunities in this sector both in companies that are expanding, such as Desigual, as well as in companies that were in trouble, such as Dogi International Fabrics and companies in their early stages.
One of the most talked-about operations in this sector is the buy French group Eurazeo's 10% of Desigual for €285M, making it one of the largest deals in the world. private equity in our country in the last year.
"Ehis operation is a clear example of the confidence that foreign funds are placing in Spanish companies, as they see the growth potential of these companies.".
Says Diego Gutierrez Zarza of Baker Tilly GDA