Abac Capital advised by Cuatrecasas on Figueras acquisition

Barcelona-based venture capital fund Abac Capital was advised by Cuatrecasas Gonçalves Pereira on its acquisition of a 60 per cent stake in Figueras International Seating.

Figueras manufactures seats for venues such as auditoriums, theatres and conference centres. The company´s revenue totaled €35 million last year.

The deal was valued at €10m, according to Mergermarket data.

The stake was sold by the Figueras Family, which was advised by Gomariz, Carballeda & Asociados.