Europastry are named best Mid-Market and Large Volume Corporate Operations
At the Premios ACG Barcelona 2015 awards, Miura Private Equity and Europastry are named best Mid-Market and Large Volume Corporate Operations, respectively
ACG, a global association of entrepreneurs and business professionals with 14,000 members worldwide, has conferred awards to the best Mid-Market and Large Volume corporate operations for the year 2015. The award for best corporate operation in the Mid-Market category for 2015 went to Miura Private Equity for the purchase of Guzmán Gastronomía & Cutting's. Europastry won in the Large Volume category for its purchase of Wenner Bakery. The awards were collected by Lluis Seguí, president of Guzmán Gastronomía, and Jordi Gallés, president of Europastry, at a ceremony held at the ESADE business school. In introducing the six finalists, ACG President Sergio Sánchez Solé highlighted the high standard of the entries received and emphasised the energy and dynamism of Catalan companies.
In 2015, Miura acquired Cutting's and incorporated it into Guzmán Gastronomía to create the first integrated supplier of fresh and gastronomic products in Spain. Today, the group distributes some 50,000 tonnes of fruit and vegetables to more than 4,000 clients, including leading hotels and restaurants and major restaurant chains. The company's revenues for 2016 is estimated to reach around 100 million euros.
Europastry, the leading company in southern Europe in the frozen dough sector, acquired the majority shareholding of the American company Wenner, marking a major step forward in Europastry's global expansion. Wenner has three plants in the United States, where it produces rustic and value-added breads. Around 30% of Europastry's revenues come from its foreign sales
As well as Miura, finalists in the Mid-Market category were Seidor for the purchase of Crystal Clear Business andQuantum Software and Uriach for the purchase of Laborest. In the Large Volume category, finalists were Almirall for the purchase of Poli Group, and Banco Sabadell for the acquisitionof TSB Banking Group.
The Awards are sponsored by Banca March.