Litalsa, a lithography company based in Oion (Álava) and a supplier of packaging for major brands such as Calvo and Nestlé, is in the sights of investment funds from the Basque Country. Stellum Capital and Mirai Investments are considering acquiring the majority stake following the mandate of MCH, the current owner, which has commissioned AZ Capital to sell its stake. The transaction, valued at around 60 million euros, comes at a time when Spanish private equity is looking to divest from industrial companies, with several managers facing difficulties in finding buyers.
The interest in Litalsa is also explained by its strategic location in the Basque Country, a region that encourages investments in industrial SMEs, and by the track record and backing of the funds concerned. However, the possible entry of industrial groups and regulatory challenges due to competition may influence the outcome of the transaction. The latest accounts of the parent company reflect sales of over 50 million, although the company has suffered impacts such as the loss of market share in Algeria and a decrease in consumption due to inflation and climatic factors.
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