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Launched in 2022 by Ramón Martín Núñez, with the support of investors such as Alza Capital Partners, Atiud, Beka Alpha Search Funds, Cabiedes Inversiones, and ONEtoONE Asset Management, among others, Albor Capital has acquired Manufacturas Deportivas, based in Cantabria, Spain. The transaction is valued at approximately €8M, representing around 4x EBITDA, with approximately 50% financed through leverage by Caixa. Some original investors did not participate in the acquisition, which was backed by Cabiedes Inversiones, Beka Finance, David Urteaga (Urtelar Holding Empresarial), and other private investors and family offices.
Founded more than 60 years ago by Javier González Ruiz, Manufacturas Deportivas provides end-to-end services in the design, manufacturing, installation, and maintenance of playground equipment, urban furniture, and sports equipment. The company employs around 40 professionals and has representatives in Spain, France, Portugal, Italy, the UK, Ireland, Peru, Malta, and Morocco, exporting one-third of its products. The company’s turnover grew from €5.8M in 2022 to €6.8M in 2023, while EBITDA increased from €0.9M to €2.3M over the same period.
Ramón aims to expand the company’s product portfolio and strengthen its international presence, with the goal of doubling its turnover in the coming years.
Broker: Glezco Asesores y Consultores / Legal Advisor: Bufete Barrilero y Asociados
