Nexxus Iberia-backed Creaciones Marsanz completed the acquisition of a majority stake in Joalpe from Infinity Financial Partners.

Nexxus Iberia-backed Creaciones Marsanz, a Spanish company that develops and manufactures commercial equipment, completed the acquisition of a majority stake in Joalpe, a Portuguese manufacturer of plastic retail solutions, from Infinity Financial Partners, a private equity firm. Financial terms were not disclosed. Through this integration, Marsanz seeks to strengthen its value proposition for large retail chains, expand its catalog of complementary products, incorporate new industrial capabilities, and consolidate its position as a European leader in comprehensive solutions for commerce.