Spanish bakery group Europastry sells 20% stake to CriteriaCaixa

After four 'punches' in his attempt to go out to the Stock Exchange, the last two last year in the months of June and October due to political volatility and other factors such as the 'fragmentation' of the market, the Spanish multinational specialized in frozen bakery and pastries Europastry has reached an agreement with Criteria Caixa, the industrial holding of the 'La Caixa' Foundation, which will enter the company's capital reaching a stake …

The new investment policy of La Caixa adds a new chapter. This morning, Criteria, the investor holding of the La Caixa Foundation that presides Isidro Fainé, has announced the principle of agreement for its entry into the capital of Europastry , a company based in Barcelona leading international in the sector of frozen bakery masses, in an operation of capital increase. The incorporation of CriteriaCaixa as relevant shareholder with approximatel…

Spanish bakery group Europastry sells 20% stake to CriteriaCaixa

Spanish bakery group Europastry is selling an approximately 20% stake to CriteriaCaixa, the investment arm of the “La Caixa” Foundation.The post Spanish bakery group Europastry sells 20% stake to CriteriaCaixa appeared first on Just Food.

CriteriaCaixa, the holding company that manages the business heritage of the La Caixa Foundation, has announced an agreement to acquire 20% of the capital of Europastry, the international leader in the frozen bakery mass sector.This investment of 300 million euros marks a milestone in the Spanish financial landscape and promises to transform the business sector. CriteriaCaixa and its commitment to Europastry CriteriaCaixa's decision to invest in…

The holding company that manages the business heritage of the La Caixa foundation reaches an agreement with the international leader in the frozen bakery mass sector The reduction of olive oil triggers 48% of its sales in the supermarket

CriteriaCaixa, holding that manages the business heritage of the "la Caixa" Foundation, has reached an agreement principle to enter the capital of Europastry (owner of Ingapan) and to be one of its relevant shareholders, with approximately 20%, has announced this Friday the holding in a statement.