Transgourmet, the wholesale division of the Swiss group Coop, closed on the purchase of 100% of the capital of the Catalan distribution company GM Food, owned until now by the Chinese: Bright Food. The transaction marks the entry of Transgourmet into Spain, and thus reinforces its position as one of the leaders in the European market for wholesale distribution and wholesale self-service.
GM Food had a turnover of over € 1,100M last year. They have 2,400 employees and a network of 70 cash & carry centers. In addition, they operate as a wholesale distributor for 800 food stores with the brands Suma, Proxim and Spar as well as another 2,500 additional establishments. Transgourmet is present in Switzerland, Germany, France, Poland, Austria, Romania, and Russia. They had a turnover of €7,372M in 2020 and have over 28,000 employees.

GBS Finance has been mentioned in the magazine “Inversión” in their article on SPAC (Special Purpose Acquisition Company), the trending instrument for the acquisition of companies from a listed vehicle

“The Spanish firm specializing in M&A advisory services seeks to consolidate its presence in the region and expand its business in Mexico. The institution is one of the main independent investment banks in southern Europe, and the main Spanish investment bank with presence in Latin America.” Forbes

GBS Finance advises the Mexican group Lamosa in the acquisition of the Colombian Eurocerámica, focused on manufacture of floors, walls and bathroom ceramics

GBS Finance co-leads the capital increase of €150MM in Millenium Hotels. The increase, which grants preferential subscription rights to current shareholders, will be carried out through the issuance and circulation of up to 30 million shares at a price of 5 euros per share

GBS Finance acted as financial advisor to NEXXUS Iberia in the acquisition Grupo Bienzobas, a company dedicated to providing oncology services for insurance companies and hospital groups

GBS Finance acted as financial advisor to NEXXUS Iberia in the acquisition Soluciones Técnicas del Metal (STM), a leading manufacturer and provider of security and access control solutions for large institutional real estate owners

GBS Finance acted as financial advisor to NEXXUS in the acquisition of the audiovisual services provider Twentyfour7, the leading company in Spain dedicated to the production of advertising spots for large campaigns for international brands.

Eduardo and Gonçalo bring to our team extensive experience and knowledge of the Portuguese market. Both will help to reinforce our strategic plan and GBS Finance’s commitment to Portugal.