Announced
Completed
Financials
Sources
Tags
Forestry
wood products
Completed
Acquisition
Single Bidder
Majority
Spain
Private Equity
Private
Friendly
Cross Border
Synopsis
Intermediate Capital, alternative asset manager in private debt, credit and equity, completed the acquisition of a majority stake in Grupo Garnica Plywood, a company that manufactures wood products. Financial terms were not disclosed. “ICG is the ideal background for Garnica right now. He is very experienced in supporting industrial companies internationally and a clear long–term mentality," Pedro Garnica, Garnica Founder and CEO.
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