Transaction

Aurica acquires a 19% stake in Flex

Role:

Financial advisor to the buyer

Year: 

N/A

Client:

Aurica

Service / Sector

Description

GBS Finance acted as financial advisor to Aurica Capital, the Private Equity fund backed by Banc Sabadell Group, in the acquisition of a 19% stake of the Spanish mattress manufacturer Grupo Flex Equipos De Descanso for €80m. The company’s owners, Betere family, have increased their stake to 81%.