Rubio, Leguia, Normand advised the family business Alsur on the majority sale of its shares to Acon Southern Europe and Quarza Inversiones, private equity firms.
The transaction was completed on 29 July 2020 and also involved Cuatrecasas (Madrid), Hogan Lovells (Madrid) and Miranda & Amado.
Founded three decades ago in Malaga, Alsur has become a benchmark in the sector, carrying out harvesting, packaging and marketing of products such as artichokes (a segment in which it is the leader in Peru), asparagus, corn or baby beans or peppers, among others. It is also a pioneer in quinoa in Spain.
“The closing of a transaction like this during the current situation is another sign of the market's reactivation.” - José Francisco Iturrizaga (Principal Associate).