Madrid – CFI Spain acts as financial advisor to ProA Capital in the acquisition of a majority shareholding stake in Pastas Gallo.
Founded in 1946 by José Espona in Rubí (Barcelona), Gallo is currently the undisputed leader in Spain in the manufacture and marketing of pasta (being present in all categories of pasta), flour and breadcrumbs and also having a strong presence in fresh products and prepared dishes.
Gallo has 4 production plants located in El Carpio (Córdoba), Granollers (Barcelona, 2 plants) and Esparreguera (Barcelona), with a total production capacity of 191ktn per year, employing about 600 people and with presence in more than 30 countries. Gallo is also the only producer of gluten-free pasta and fresh pasta in Spain.
The Gallo brand is the fifth most recognized brand by consumers in Spain, with a market share in value of 36%, including both dry and fresh pasta under Gallo’s own brand and its distribution brand.
ProA Capital’s objective is to promote the growth of the company and the Gallo brand, strengthening its leadership in the Spanish market of dry pasta, sauces, flour and breadcrumbs.
With this transaction, ProA Capital strengthens its presence in the food sector, the fund is currently the majority shareholder of Fruselva and Moyca.
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