Latin American and European companies dominate the investment market in Spain, with Mexico standing out in August.
More than 50 operations from abroad in 2013
According to TTR, during 2013 up to August, more than 50 investment operations have been registered in Spain from foreign countries. The ranking is led by the United States with 16 operations followed by France with 14 and Germany and the United Kingdom with 7 each.
The Mexican group Ado acquires 100% from the Spanish company Avanza.
The Spanish passenger transport company Avanza has been acquired by the Mexican group Ado. The transaction has consisted of the acquisition of 100% of the shares from the current owner, the British fund Doughty Hanson for a value of €800m. Just yesterday this fund reported the purchase of the Teknon clinic from Magnun following the consolidation process in the Spanish hospital sector.
"The presence of foreign investors is becoming more and more palpable. We have recently received news about foreign funds in the real estate sector, such as Cerberus with Bankia and TPG with Servihabitat. Also in the financial sector we are seeing capital inflows such as the Apollo fund in EVO or Latin American investors taking a majority stake in Banco Sabadell. We believe that the role of foreign investors will become more and more predominant, with foreign investors taking a more prominent role in the financial sector, as is the case of the Apollo fund in EVO and Latin American investors taking a majority stake in Banco Sabadell. purchases from emerging countries." comments Diego Gutierrez, an expert in corporate financing at ABRA INVEST.
SMEs also receive investment
SMEs are also receiving investment from abroad, albeit in a less mediatic way. An example of this is the case of the technology company Fitboo which has been selected by the Brazilian accelerator Papaya Ventures and in January 2014 it will take part in the demo day planned to make itself known to the investment world. We have also seen how French pharmaceutical company Naturex has bought the Spanish company Natraceutical Industrial for €9m. The latter is dedicated to the production of functional ingredients and belongs to the Natraceutical group.