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Meridia Acquires Minority Stake In Andilana

Posted by: In: Real Estate 30 Jan 2017 Comments: 0 Tags: , , , , , , , , , , ,

30 January 2017 – Expansión

The private equity firm Meridia Capital has acquired a minority but significant stake in the restaurant group Andilana, which operates 25 restaurants in Cataluña and Madrid and five hotels in Barcelona, the Costa Brava and Madagascar.

The aim of the operation is to simplify Andilana’s ownership structure and support its growth plan, which involves new openings in the Spanish capital, as well as in other cities with tourist potential.

Andilana generates turnover of €40 million, employs 645 people and receives 2.5 million clients per year.

Original story: Expansión

Translation: Carmel Drake

The post Meridia Acquires Minority Stake In Andilana appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts


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