Selected M&A transactions by ONEtoONE

Advice on sale

ONEtoONE has advised Mr Milivoj Peruzović, founder, long time CEO and Chairman of Adria Winch Group, in its sale to Global Offshore Engineering Group (GOE). Headquartered in Split, Croatia, Adria Winch Group is one of the most reputable European designers and producers of winches and other deck machinery for naval, fishing, merchant and offshore vessels. Recognised globally in shipyards and design offices, Adia Winch Group is a trusted supplier of state-of-the-art deck machinery. GOE, specialized in the global offshore oil and gas market, provides full support to its clients in the engineering, operational and project management fields. It has more than 500 employees located in Croatia, Turkey and Singapore, who are experts in design, engineering, construction, project and operational management, supply chain management and business administration. With the acquisition of Adria Winch Group, GOE is able to execute its strategy of diversification and vertical integration which enables the Group to offer a more comprehensive and custom-made service throughout the entire life cycle of an offshore services project.

Advice on buying

ONEtoONE has advised Destino Holdings on its acquisition of Doblemente. Founded by Eddie Lubbers, Destino Holdings is a platform for acquiring companies with strong technical and business fundamentals to empower inbound tourism through technology solutions. Eddie Lubbers is a pioneer in the digitalisation of travel and tourism. He will apply his experience to the Spanish market with the aim of global expansion. Eddie Lubbers states: “We believe that the future of travel planning and booking is inbound - with local tour operators who sell directly from their destination.” Doblemente is a Spanish company founded in Alcoy in 2002 by D.Pau Ferri. Through its booking system, more than 1 billion euros in bookings have been managed, and more than 11 million passengers have successfully booked. Doblemente has achieved a stable portfolio of clients including: Viajes Baqueira Beret, Grandvalira, Ineedtours and other clients in destinations in Spain, Latin America and Europe. As part of Destino Holdings, Doblemente will invest to incorporate new functionalities to its product, as well as expand services in promotion and sales. Expansion with new customers in destinations in Spain and America is planned.

Advice on buying

ONEtoONE has advised our client, InterBeverage Services, S.L, in its purchase of Delivra´s full vending services, technical support and FMCG venfding equipment maintenance business lines. InterBeverage, S.L is a Pioneer in the support and maintenance services of automatic equipment for the vending, dispense of FMCG food products. InterBeverage has consolidated its operations in 23 Spanish provinces in Galicia, Asturias, Castilla and León, Cantabria, Basque Country, Catalonia and Aragon. Delivra has a long history in the market, focussing on the Coca-Cola Group in the northern third of Spain. It offers vending services, consisting of the installation and operation of food and beverage vending machines, and technical assistance and maintenance for refrigeration equipment. With this acquisition InterBeverage, S.L maintains its leading position in the Iberian Peninsula and reinforces its commitment to quality service.

Advice on sale

ONEtoONE has advised the owner of Klinika Kreszinger in the sale to Vetti Group. Klinika Kreszinger is one of the leading veterinary clinics in Croatia. It offers services of modern ambulatory diagnostics, treatment, surgical treatment, and the related rehabilitation of animals. With this transaction, Vetti Group reached 6 acquisitions in Croatia this year, making it the largest group of veterinary practices in Croatia. Vetti Group is majority owned by funds advised by Provectus Capital Partners, an independent investment firm with focus on South Eastern Europe.

Reestructuration

ONEtoONE Corporate Finance has helped cybersecurity company, S2 Grupo to structure a 20 million euro syndicated loan. The loan has been put together by Sabadell and supported by Santander, CaixaBank, BBVA and Deutsche Bank. S2 Grupo is one of Europe´s leading cybersecurity companies, operating in more than 15 countries across Europe and Latinamerica. It´s clients include major Spanish companies in the banking, energy, industrial and public administration sectors. Its close collaboration with the General State Administration is particularly noteworthy. With this 5-year syndicated loan, S2 Grupo expects to increase its turnover from 32,7 million in 2022 to more than 83 million.

Mergers Advisory

LOGIFOODS is a Colombian company with more than 15 years of experience in the business of empowering food brands through different sales channels (food-service, retail, e-commerce, food industry and hard discount). KL&CO is a Colombian company that has presence in the food industry through two business lines: Planeta V, an innovative business line dedicated to the development and manufacturing of meat substitute foods; and LOKAL, a retail business dedicated to the commercialisation of food mostly produced by local brands. This merger will boost the production and domestic distribution of plant-based protein foods by leveraging LOGIFOODS more than 8,000 domestic customers.

Advice on sale

ONEtoONE has acted as the exclusive financial advisor to our client, van Hoorebeke Timber, in the sale of their company to van Steenberge. Van Hoorebeke Timber is one of the most important Belgian players in the sector of import and distribution of wood. Etienne Van de Kerckhove, former chairman of van Hoorebeke Timber: "We are confident that both companies will create even more value for the respective customers and business partners, as well as many growth opportunities for both teams. Timber products are an important sustainable building material for the future and the European timber market needs global players with strong expertise and purchasing channels." Van Steenberge is a leading specialist in timely delivery of softwood, panel material and numerous finished wood products for the contracting industry and general industry. They combine their decade-long experience and knowhow with an innovative mindset, allowing them to anticipate the ever-evolving needs of their customers with a solution-oriented approach. They do this together with their team of wood specialists who follow the newest trends and techniques regarding soft wood and panels closely. With the combined skills of both companies, comes the creation new synergies in the international timber market, and by combining the know-how of both companies, there will be an expansion in their respective markets.

Advice on sale

ONEtoONE has acted as the financial advisor to Banana Computer in its acquisition by K-tuin. Banana Computer is an Apple Premium Reseller, based in the Canary Islands, Spain. It currently has 4 Apple stores in the Canary Islands and retains its brand and independence in the deal. K-tuin Pro SL - subsidiary of Lebanon based providers of computers software and hardware services including distribution and site solutions, Midis Group - is a Spain based distributor of Apple products.

Advice on buying

ONEtoONE is pleased to announce that our client, PJC BidCo, has acquired Casa de l'Oli. PJC BidCo is an acquisition vehicle for a consortium of British investors with various investments in Spain. Casa de l'Oli is a family owned company that produces and distributes premium quality extra virgin olive oil and balsamic vinegars, mainly from the south of Catalonia. They are personally involved in every stage of the process, from selecting the highest quality olives, to preserving their flavour and nutrients, using the traditional methods employed by local Catalan farmers.

Advice on sale

ONEtoONE has advised Centro Internacional de Estudios de Postgrado (CIEP), on its sale to Metrodora Education. Centro Internacional de Estudios de Postgrado (CIEP) is a prestigious international postgraudate training school in Spain and Latin America, specialized in Health Sciences and Aesthetic Medicine. It has offered more than 2,400 students masters degrees specialization diplomas, expert courses and micro-credentials. Metrodora Education is the first educatinal group created to lead health and sports training in Spanish-speaking countries. It offers professional training, higher education and further training for sector specialization. With this transaction, Metrodora advances its organic growth, expands its training offer and reinforces its positioning in Higher Education.

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