Sherpa Capital sells Cegasa business unit to Mexican group Autlan
Sherpa Capital has sold energy storage company Cegasa’s manganese dioxide unit to Mexican industrial group Autlan for €26.3 million.
Sherpa Capital was advised by PwC on the sale. DLA Piper also advised on the transaction.
Sherpa Capital invested in Spain-headquartered Cegasa in 2015 when it acquired three of the company’s business units for around €2.5 million.
The unit sold to Autlan recorded sales of around €18 million in 2018.
The acquisition also includes Cegasa's 50 per cent stake in Energía Portátil Cogeneración.
Sherpa Capital manages around €250 million via its ‘special situations funds’ and private equity funds.
In November last year, Sherpa Capital announced an investment in Portuguese ‘luxury rugs’ company Ferreira de Sá.
Sherpa Capital was founded by Eduardo Navarro (pictured) and Alfredo Bru. Navarro is the CEO, while Bru is managing director and head of Sherpa Capital’s portfolio management team. The firm’s other partners are Jorge Fernández Miret and Lars Becker.
The European Commission’s approval of the copyright directive in April threw more gas on the fire. In a few years, the internet has become – among other things – the main market fo...
The long-serving boss of Cobepa, Jean-Marie Laurent Josi talks about the business model of a Belgian investment firm that is trusted by major European families, one which marries t...
Since the last half of 2008, it is no longer possible to conceal the term ‘crisis’. New paradigms have become apparent and structural changes are predicted. Indeed mar...