Eversheds Sutherland assists Sherpa in Laboratorios Forenqui acquisition

Eversheds Sutherland Spain has advised Sherpa Capital on its acquisition of Laboratorios Forenqui, a Spanish company based in Valencia

Sherpa Capital, a Private Equity Fund manager, has acquired Laboratorios Forenqui, a Spanish company specialising in the production and marketing of personal care and hygiene products.

Founded more than three decades ago in Valencia, Forenqui is a family business that has experienced strong growth in recent years thanks to the opening up of new international markets. Its annual revenues are estimated at around €30 million, and it has a hundred employees.

The entry of Sherpa Capital responds to the need to manage the generational change in the company’s shareholding and accompany the management team to execute the strategic plan. Sherpa Capital will support Laboratorios Forenqui in achieving its strategic objectives and business plan, especially in identifying and implementing organic and inorganic growth strategies in its current markets and the entry into new international markets.

On this transaction, Sherpa Capital partner Javier Casado said: “We are confident that our investment and management experience in industrial companies with international exposure will accelerate Forenqui’s growth to the next level of development and help provide the company with the necessary resources to capture the potential we see in its markets.”

Eversheds Sutherland Spain team has been led by of counsel and head of the Private Equity and Venture Capital practice Sixto de la Calle (pictured left), and supported by Tax partner Antonio Cuéllar (pictured top right) and senior associate María Ramalle (pictured bottom right).