Uvesco will again be in the hands of Basque investors
The company that owns BM Supermarkets and Super Amara has completed an operation that will strengthen its business roots; in the next few days it has been confirmed that another Basque consortium will also acquire Ayesa (formerly Ibermatics).
Last night, the Basque consortium and the PAI Partners signed an agreement for the purchase of Uvesco, which will be relocated to Basque investors for EUR 700 million. Administrative procedures are now under way and the operation will be completely completed in the first quarter of the year.
The current CEO, Angel Jareño, ledby a consortium of Basque investors , has acquired 100% of the company and the company has returned to local ownership, with the French fund PAI Partners leaving the company.
The agreement signed will allow the group to regain control of Basque shareholders after years in which the French fund has held the majority of the capital. The final closure of the operation is scheduled for the first quarter of 2026, once the usual administrative procedures have been completed.
Together with Angel Jareño, the companies that founded Uvesco, Stellum Capital, Inveready and Indar Portfolio also participate in the purchasing consortium. The operation is based ona commitment to the continuity of the\ u00A0 business model, sustained growth and territorial roots of the group.
Uvesco currently has 344 establishments and more than 7,000 employees , located in the Basque Country, Navarra, Cantabria, La Rioja and various surrounding communities, as well as four logistics platforms.
In the coming days, another Basque consortium is expected to acquire AYESA (formerly Ibermatica), an operation that would consolidate this trend in the field of technology and industry.
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