Limousin

The Deal

Bought By

Zorion Ugalde and Jorge Larrea

Year

2023

Vehicle

Lemnos Capital, backed by 9T Capital

Kind

Physical operations

A cardboard manufacturer specializing in corrugated board, sheets, boxes and fanfold, with integrated digital printing and a packaging design practice alongside it.

What Happened Next

Still trading and still publishing its full packaging range in four languages. Its buyer describes itself as an investment company formed to take majority stakes in Spanish companies, and both partners are named on that site.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.

• Itaca Capital Partners' own account, whose newer cards identify each company by its website link rather than by name itaca.capital
• The company's own account limousin.eus
• Moonbase Capital's own account moonbasecapital.com
• 9T Capital's own account 9tcap.com