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ARCANO advises Turris’ shareholders on the sale of a majority stake to Realza Capital.

Turris’ current shareholders, with Suma Capital amongst them, have formed a partnership with Realza Capital, with the goal of expanding the Company's operations and foster its business growth maintaining its excellent product quality and unequal culture, which has a deep focus on client satisfaction and social and sustainability related values.

Turris is the leading specialist in the premium bakery segment in Barcelona, and expects to expand its operations nationally.

Company

Turris Panem, SL

Transaction

Sale

Sector

Agro & Food Consumer & Retail

Activity

Bakery chain

Date

20 May 2022

Country

Spain

Founded in 2009 by Xavier Barriga, the Turris currently operates 25 shops in the province of Barcelona and has more than 300 employees.

Suma Capital is a private equity fund management entity specialized in SMEs with a high-growth focus and strong tilt towards ESG. Suma Capital Growth Fund II manages over €160m.

Founded in 2008, Realza Capital is a private equity fund management company specializing in the Spanish middle-market. It currently manages funds with a total committed amount of over €300m. Turris represents the sixth investment made by Realza Capital Fund II.

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Realza Capital acquires a majority stake in Turris

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