Acquisitions in Valencian Community, Spain

Cándido Miró, the owner of flagship olive brand Serpis and a portfolio company of Miura Partners, has acquired the brands Ibérica and Maestro de Oliva. The acquisitions expand the group’s international presence, leveraging the targets’ strength in Europe and the Asia-Pacific region. Following the deal, Miura Partners created the holding Olive&Co as a platform to consolidate the olives and healthy snacks market through further brand acquisitions.

ACON Investments and an affiliate of DeA Capital Alternative Funds SGR SpA acquired a controlling interest in Romar Care Group (Romar Global Care), a Spain-based manufacturer and distributor of personal care, home care, and cosmetics products. The business was previously owned by GPF Partners, and RGC’s management team will retain a material equity stake going forward.

Miura Partners has invested in Cándido Miró, the family-owned producer and distributor of table olives best known for its Serpis brand. The partnership aims to accelerate Serpis’ growth by strengthening brand awareness, launching value-added products, and pursuing potential strategic add-on acquisitions, while the Cantó family and CEO Juan Gil continue to lead the business and have reinvested.

TMEIC Corporation Americas completed the acquisition of the Ports and Terminals Division of Orbita Ingeniería, S.L. on April 1, 2022, via its wholly owned subsidiary TMEIC Port Technologies, S.L. The deal expands TMEIC’s port and terminal automation offerings, including OCR capabilities and gate, crane, and rail suite solutions, to serve customers worldwide.

Uniphore announced the acquisition of Emotion Research Lab, a Spain-based video and emotion AI software developer. The deal adds facial emotion recognition and eye-tracking capabilities to Uniphore’s conversational automation platform to enable new enterprise voice-and-video AI use cases; financial terms were not disclosed.

H.I.G. Capital and the Royo family agreed to sell the bathroom furniture division of RG International Bathroom (RGIB) to Roca Sanitario, S.A. The Royo family will retain a minority stake in the sold division, while H.I.G. and the Royo family will remain shareholders of RGIB’s shower tray business operating under the Fiora brand, subject to antitrust approvals in certain European markets.