24 03 2016

Portobello Capital invests in Spanish distributor of spices and herbs, Ramón Sabater

Portobello Capital has signed an agreement to acquire 100% of the Spanish company Ramón Sabater, S.A., leading in the processing and distribution of paprika, spices and herbs.


Ramón Sabater, a world leader in manufacturing, processing and distribution of paprika, produces eight of its varieties highlighting the sweet paprika, cayenne and chili powder, and a large number of different spices and herbs for the food industry. The company is based in Murcia, and has offices in USA (Miami) and China (Qingdao), the company exports 90% of its sales and its products are sold in more than 70 countries. Its main customers are large producers in the food industry that use spices in the preparation of their products (meat, sauces, ready to eat food, soups…), as well as spices packers. Portobello Capital is a leading independent Mid-Market Private Equity manager in Iberia. Jones Day advised Portobello Capital in the acquisition with a team led by Madrid partner Federico Merino. Involved fees earner: Federico Merino - Jones Day;

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