The Basque investor consortium has completed the process of buying Uvesco
The Uvesco Group, the matrix of the BM and Super Amara brands, currently has 344 establishments and more than 7,000 employees. The distribution group currently operates in Hego Euskal Herria, Comunidad de Madrid, Ávila, Cantabria and La Rioja.
The Basque consortium of private investors led by Angel Jareño, CEO of Uvesco, has completed the processof acquiring this distribution group from the PAI Partners fund following the signing of the contract on 23 December.
Uvesco announced in a statement this Wednesday that once all administrative procedures have been closed, the new era will formally begin, in which the "fundamental pillars" of the business group based in Irun will be strengthened.
Angel Jareño and several executives of the company lead the purchase of Uvesco to the French Pai Partners fund, along with the Indar portfolio (Kutxabank), the Stellum Capital fund and its manager Inveready.
The Uvesco Group, the matrix of the BM and Super Amara brands, currently has 344 establishments and more than 7,000 employees. The distribution group currently operates in Hego Euskal Herria, Comunidad de Madrid, Ávila, Cantabria and La Rioja.
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