Abac acquires industrial arm of Intermas Group: teh advisors

Private equity fund Abac Sustainable Value II FCR (Abac), a fund specialised in sustainable value investments in the mid-market segment, has completed the acquisition of the industrial arm of Intermas Group (Intermas). 

In parallel, Catral Garden & Home Depot (Catral), a gardening company owned by JPMorgan and Blackpearl, are acquiring the group’s gardening and DIY division.

Abac plans to boost growth in Intermas’s industrial business, by promoting the company’s innovative material technology and sustainable product lifecycles. 

Intermas, which is headquartered in Llinars del Vallès (Barcelona, Spain), was started by the founding family over six decades ago and currently generates annual revenues of approximately €190 million. The industrial business acquired by Abac has sales totalling €108 million. 

The industrial division manufactures and sells high-performance technical materials for a broad spectrum of end products. 

Abac, the only Spanish mid-market asset manager with the B Corp sustainability certification, plans to provide Intermas’s industrial business with the resources needed at the strategic, operational and financial levels to accelerate its expansion and foster more sustainable solutions. Abac will build on the company’s existing talent and development capabilities, which have earned Intermas a leadership position in a broad spectrum of material technologies.

Abac Capital was advised on the transaction by KPMG (due diligence), EY (legal) and Attalea Partners (ESG). Catral’s legal counsel, was Garrigues. Intermas Group was advised by DC Advisory (M&A), PwC (due diligence), Broseta (legal) and Roland Berger (sales due diligence).

Foto del socio

Garrigues acted with Miguel Ángel Castejon de La Encina (partner – pictured left), Alejandro Sánchez Sánchez (counsel) and Leonardo Adam (senior associate).

Broseta acted with Carlos Salinas (partner – pictured right) and Manel Puig (senior associate) and Lina Nassar.  

Carlos Salinas low

EY acted with Simeón García-Nieto (partner), Josep Maria Pujals (asociado senior) and Alejandra Pascual (associate) and for the financial aspects: Gonzalo Martín de Nicolás (partner) and Elena Galán (manager).

Abac acquires industrial arm of Intermas Group: teh advisors



Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram