Acquisition History / Lemnos Capital / Cartonajes Limousin
Lemnos Capital Acquires Cartonajes Limousin
Announced January 2024 — Price not disclosed; Jorge Larrea Urquiola; Zorion Ugalde Zarraga search fund acquisition
What happened
Tolosa (Gipuzkoa) corrugated-cardboard packaging maker, 100+ years old; EUR11M sales Acquired by Lemnos Capital, the search fund vehicle of Jorge Larrea Urquiola; Zorion Ugalde Zarraga. Backed by 9T Capital; Atiud Capital; Atiud Capital Center; Beka Alpha Search Funds; Beka Finance (Beka Alpha Search Funds); Itaca Capital Partners; Moonbase Capital. Source: https://searchfundsnews.com/lemnos-capital-acquired-100-of-cartonajes-limousin/
- Acquirer
- Lemnos Capital
- Target
- Cartonajes Limousin
- Announced
- January 2024
- Price
- Price not disclosed; Jorge Larrea Urquiola; Zorion Ugalde Zarraga search fund acquisition
- Industry
- Packaging
- Buyer type
- Search fund
- Fund vehicle
- Lemnos Capital
- Backing investors
- 9T Capital, Atiud Capital, Atiud Capital Center, Beka Alpha Search Funds, Beka Finance (Beka Alpha Search Funds), Itaca Capital Partners, Moonbase Capital
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Lemnos Capital acquire Cartonajes Limousin?
Lemnos Capital acquired Cartonajes Limousin on January 2024. This was Lemnos Capital's 1st publicly tracked acquisition out of 1 we have on record.
How much did Lemnos Capital pay for Cartonajes Limousin?
Lemnos Capital paid Price not disclosed; Jorge Larrea Urquiola; Zorion Ugalde Zarraga search fund acquisition for Cartonajes Limousin.
What does Cartonajes Limousin do?
Tolosa (Gipuzkoa) corrugated-cardboard packaging maker, 100+ years old; EUR11M sales Acquired by Lemnos Capital, the search fund vehicle of Jorge Larrea Urquiola; Zorion Ugalde Zarraga. Backed by 9T Capital; Atiud Capital; Atiud Capital Center; Beka Alpha Search Funds; Beka Finance (Beka Alpha Search Funds); Itaca Capital Partners; Moonbase Capital. Source: https://searchfundsnews.com/lemnos-capital-acquired-100-of-cartonajes-limousin/
What other Packaging companies has Lemnos Capital acquired?
Cartonajes Limousin is Lemnos Capital's only publicly tracked acquisition in Packaging so far.
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