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Sale of a majority stake of La Sirena to OpCapita

June, 2014Retail & Consumerclemoine

Natixis Partners Iberia advised La Sirena, the leading Spain-based frozen food retailer specialist, on its sale to OpCapita.

La Sirena operates 237 stores and holds market leading positions in Catalonia and Madrid. It operates a small size store format with shops located in city centres and commercial districts.

Through the transaction, OpCapita stabilised the company’s capital structure and reinforced its balance sheet liquidity position.

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