Eurocebollas has been sold to Portobello Capital

Nazca Capital has sold a 45% stake in Eurocebollas to Portobello Capital.

Founded in 1980 and headquartered in Alzira, Spain, Eurocebollas is a leading company in the design, development, production and commercialization of ready-to-use natural ingredients and solutions, mainly onion-based, for customers in the food industry and the horeca sector. Over the past years, the company has expanded its global reach and serves customers in more than 30 countries, including France, the UK, USA, Italy and Germany, among others. With a workforce of over 190 employees, Eurocebollas stands out for its expertise and track record in the natural ingredients industry.

Founded in 2010 and based in Madrid, Portobello Capital, with over US$2.2 billion AUM, is one of the leading independent middle-market private equity funds in Spain.

Founded in 2001, Nazca Capital is a Spanish private equity fund, with approximately US$990 million under management. The firm focuses in the mid-market and has completed 80 transactions since its foundation.

Oaklins’ team in Spain acted as the exclusive financial advisor to the shareholders of Eurocebollas and advised on all aspects of the design, execution, negotiation and closing of the transaction.