Acquisitions in Galicia, Spain

ENERGO-PRO, a.s. acquired 100% of Xallas Electricidad y Aleaciones, S.A.U. (Xeal) and Feroe Ventures & Investments S.L.U. (Feroe) from Sixth Street, expanding into Galicia, Spain. Xeal operates ten hydropower plants (167 MW total) and two ferroalloy plants, while Feroe is pursuing a concession for a new pumped-storage project (planned 400 MW). The transaction was financed in part with a EUR 300 million bridge loan from J.P. Morgan and Goldman Sachs.

Bruneau Group’s Spanish subsidiary will acquire Viking Spain, a B2B distance-selling and e-commerce office supplies business. Viking Spain is being sold by Office Depot Europe as it refocuses on its core European markets, with Bruneau continuing to receive support from Equistone Partners Europe.

Platinum Equity agreed to acquire and completed the purchase of a majority stake in Grupo Ibérica de Congelados, S.A. (Iberconsa) from Portobello Capital and affiliates of the company's founding families; financial terms were not disclosed. Headquartered in Vigo, Spain, Iberconsa is a vertically integrated global provider of frozen seafood with an owned fleet of ~45 vessels, five processing plants and four cold storage facilities, and Platinum plans to support further growth through operational improvements and M&A while CEO Alberto Freire remains in place.