MCH Private Equity acquires 30% of Spain's Prosur for €300m

Private equity firm MCH Private Equity has acquired 30 per cent of Spanish food spice company Prosur in a transaction valued at around €300 million.
Jaime Hernández Soto (top, left), José María Muñoz (top, right) and Juan de Dios

Private equity firm MCH Private Equity has acquired 30 per cent of Spanish food spice company Prosur in a transaction valued at around €300 million.


MCH’s winning bid was enough to see off competition from rival bidders ProA Capital, Intermediate Capital Group (ICG), Nazca and Portobello Capital.


Prosur’s annual operating profit totals around €20 million.


One of the company's major shareholders, Elena Hernández, has divested the majority of her shareholding to facilitate her exit and leave her brother, Juan de Dios, in charge of the business.


MCH was advised on the deal by AZ Capital. Prosur was advised by Deloitte.


MCH is led by founding partners Jaime Hernández Soto and José María Muñoz


Madrid-based MCH is focused in the mid-market and has raised and invested four funds since inception – MCH Iberian Capital Fund I, II III and IV, with aggregate funds under management of €850 million.

 

 

 

 

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