Espiga instructs White & Case on Union De Industrias acquisition

White & Case advised Spain’s Espiga Equity Partners on its acquisition of an 89 per cent stake in Union De Industrias, according to Mergermarket.

Espiga is a private equity firm that invests in Spanish and Portuguese small and medium-sized enterprises.

Its equity investments – which range from €8 million to €20 million – are made in companies that have around €20 million in sales and EBITDA (earnings before interest, taxes, depreciation and amortisation) of €2 million.

Union De Industrias, known as Unica, produces rubber compounds used in the manufacturing sector.