GPF Capital backs Grupo Malasa in MBO

Madrid-based PE firm GPF Capital has acquired a minority stake in Grupo Malasa, a Spanish company that designs, manufactures and installs furniture for shops, hotels and restaurants.

Malasa Group designs, manufactures and installs furniture for shops, hotels and restaurants. The group is based in La Coruña and has over 50.000m2 of production and logistic facilities focused on wood, metal and glass. Malasa Group is capable of assembling its products anywhere worldwide in just 20 days and it currently operates in more than 60 countries. The group had revenues of €87m in 2017.

GPF Capital is a Spanish private equity that manages two funds of €250m in total. GPF Capital has carried out 10 investments (€100m) with an aggregate turnover of around €500m, employing more than 3.000 people. Through the acquisition by GPF Capital reinforces the long-term growth of the group by opening up new markets and developing new business lines.

Uría Menéndez advised GPF Capital through Francisco San Miguel (partner, M&A-Corporate, Madrid) and Adrián Lozano (junior associate, M&A-Corporate, Madrid).