Abac Capital completed the acquisition of a majority stake in Recalvi Parts.

Abac Capital, a venture capital firm, completed the acquisition of a majority stake in Recalvi Parts, a wholesaler and distributor automotive supplies. Financial terms were not disclosed. “Recalvi is an undisputed leader in the automotive parts market, widely recognized by industry professionals for its extensive product range and excellent service. At Abac, we are excited to return to the parts sector after our successful investment in Metalcaucho and to have the opportunity to drive an ambitious project focused on strategic expansion through acquisitions and the consolidation of an industry undergoing profound transformation. This approach will not only allow us to generate a positive impact but also further strengthen one of the most established groups in the sector," Oriol Pinya, Abac Capital Founding Partner.