Announced
Completed
Financials
Sources
Tags
Spain
coffee bakery
Restaurants and Bars
Acquisition
Cross Border
Private
Minority
Private Equity
Completed
Friendly
Single Bidder
Synopsis
VGO Capital, a specialist private equity asset management firm, completed the acquisition of a minority stake in Manolo Bakes, a coffee bakery chain. Financial terms were not disclosed. Manolo Bakes has entered its next growth phase and launched a process to replace some of the initial shareholders and raise capital to support its expansion plan.
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