Sherpa Capital Invests in Omega Spice, a Leading Company in the Production of Spices for Large Food Groups, to Boost its Current Growth
Sherpa Capital, a private equity fund manager focusedon investing in medium-sized companies with 250 million euros under management,announces the entry into the shareholding structure of Omega Spice, the leading Spanish company in the production and distribution of dehydrated spices, herbsand vegetables for large food companies.
After Sherpa Capital’s entrance into the capital ofthe company, Omega Spice begins a newstage oriented towards the consolidation and growth of the business through new investments thats trengthen the Company and its positioning along the value chain.
Founded in 1998 and headquartered in Archena (Murcia), Omega Spice is a leading company in the spice sector with a clear international vocation, generating more than 95%of its sales overseas, of which Latin America represents around 65% of the total.
The Company boasts products and raw materials of the highest quality standards, which are audited and accredited with the strictest food safety and security certificates andwith its own laboratory dedicated to the analysis and validation of its production. Thanks to this strict internal control together with the quality of the product, Omega has among its clients large international food companies, maintaining a long-termcommercial relationship with all of them.
Omega’s CEO, José García, said: “Sherpa’s arrival at our company consolidates our growth project in the culinary food and food industry, where the quality of our products has a recognised prestige and occupies a position that makes us a strategic supplier for the main multinationals”.
“We are convinced that the experience and support of Sherpa Capital will be essential in the transition of our business model to become a global leader in the sector of spices and dehydrated vegetables forindustrial use.”
For Jorge Fernández Miret, partner of Sherpa Capital, “the entry into the capital of Omega represents a long-term project in a market with great growth potential, where a leading company like Omega has great competitive advantages. For us the project is especially interesting due to the success demonstrated by Omega in growing through exports and thanks to the quality of the product,which we want to continue promoting in the coming years to consolidate Omega as one of the great leaders in its sector”.
The transaction was advised by EY as financial advisor to Omega, Garrigues as legal advisor to Omega and Gómez Acebo and Pombo as legal advisor to Sherpa.
About Omega Spice:
Founded in 1998 and head quartered in Archena (Murcia),Omega Spice is a benchmark company in the spice sector with a wide range of products including paprika, spices, seeds, dehydrated vegetables, herbs and condiments, exporting more than 95% of its sales.
Source: Sherpa Capital press release