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Announced

Completed

Intermediate Capital completed the acquisition of a majority stake in Grupo Garnica Plywood.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Forestry

wood products

Completed

Acquisition

Single Bidder

Majority

Spain

Private Equity

Private

Friendly

Cross Border

Synopsis

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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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