M&A Deal Summary

Minerva Capital Acquires Premo Group

On April 26, 2007, private equity firm Minerva Capital acquired electrical equipment company Premo Group for 36M EUR

Acquisition Highlights
  • This is Minerva Capital’s 1st transaction in the Electrical Equipment sector.
  • This is Minerva Capital’s largest (disclosed) transaction.
  • This is Minerva Capital’s 2nd transaction in Spain.

M&A Deal Summary

Date 2007-04-26
Target Premo Group
Sector Electrical Equipment
Buyer(s) Minerva Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 36M EUR
Advisor(s) NEXT Corporate Finance (Financial)

Target

Premo Group

Malaga, Spain
Grupo Premo develops, manufactures and markets inductive components and antenna systems for automotive, industrial and mobility applications such as access & security, battery management systems and e-mobility. Grupo Premo was founded in 1962 and is based in Málaga, Spain.

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Buyer(S) 1

Buyer

Minerva Capital

Madrid, Spain

Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Minerva Capital is an independent private equity firm focused on small and mid-sized buyouts in Spain. The Firm targets growth-oriented companies with strong cash flows, proven track records of organic growth, and low capital intensity. Minerva seeks controlling stakes, and typically backs companies where it can commit €1 to €10 million of equity capital. Minerva Capital was formed in 2004 and is based in Madrid.


DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 2
Country: Spain M&A 2 of 2
Year: 2007 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-02 Indiba

Barcelona, Spain

Indiba is a design and manufacturing of non-invasive medical equipment based on radiofrequency technology. Indiba was founded in 1983 and is based in Barcelona, Spain.

Buy €20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Indiba

Barcelona, Spain

Indiba is a design and manufacturing of non-invasive medical equipment based on radiofrequency technology. Indiba was founded in 1983 and is based in Barcelona, Spain.

Sell -