Grupo Empresarial Costa completed the acquisition of Juan Luna and Abrilisto from Nazca Capital.

Grupo Empresarial Costa, a firm engaged in the meat industry in Spain, completed the acquisition of Juan Luna, a provider of cheese and meat cutting, slicing and packaging services catering, and Abrilisto from Nazca Capital, a private equity firm. Financial terms were not disclosed. “Juan Luna is our twenty-third divestment, following a project in which we have opted for industrial reinforcement and the transformation of a family business into a leading Spanish company with independent, professional management. The choice of buyer of our investees is very important to us and we are convinced that Costa Food Group is the ideal group in which to integrate Juan Luna, for its prestige, growth strategy and cross-selling potential," Álvaro Mariátegui, Nazca CEO.