Nazca and Portfolio news
Nazca Capital has led the acquisition of a 100% stake of Terratest. The transaction, the largest carried out by Nazca to date, has been closed after a six-month negotiation period with the previous majority stakeholder, Platinum Equity. Nazca, with a majority control following the transaction, is backed by Aberdeen Standard Investment – investor in Nazca funds since 2009, one of the largest global fund managers and a leading private markets investor– as main co-investor together with Nuova Energia and Oquendo Capital.
Herbex, the European leader in the fresh aromatic herbs market, has given ownership to Nazca Capital.
Jaime Visquert, founder and CEO of Herbex, who will maintain a significant shareholding and will continue to lead the company's management team, will rely on Nazca's experience in international growth projects to consolidate the company's development. Part of the Nazca investment includes a capital injection to finance Herbex’s growth plan.
Nazca Capital has acquired a 55% stake in the Spanish multinational Phibo. This majority stake has been reached after the purchase of shares and the closing of a capital increase that has surpassed €12 million and that has been fully subscribed by Nazca and Phibo’s management team. The García Sabán family, owners of the company to date, maintain a 40% stake and will continue to form part of the Board of Directors of the Group.