Alantra Private Equity Fund III has acquired Hiperbaric, a leading HPP equipment manufacturer, alongside the management team and local co-investors, positioning itself to leverage growth in the innovative food preservation sector.
Information on the Target
Hiperbaric, founded in 1999 and headquartered in Burgos, Spain, is a leading engineering company specializing in High Pressure Processing (HPP) equipment for the food industry. The company was predominantly owned by Inmobiopres Holding, S.A. (IBP), a holding entity primarily held by the Nicolás–Correa family, with remaining equity owned by Mr. Andres Hernando, the general manager of Hiperbaric. Mr. Hernando has decided to reinvest his stake completely, allowing him to continue in his executive capacity as the company embarks on its next growth phase.
Industry Overview in Spain
The HPP technology market is a growing niche within the broader food packaging and preservation sector, which includes conventional food safety technologies such as pasteurization. HPP leverages cold water to exert high pressure on fresh foods while preserving their taste and nutritional quality. This innovative approach aligns with increasing consumer demand for healthy, organic food products.
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Spain’s food processing industry is keenly positioned due to its rich agricultural resources and significant exports of food products. The shift towards hea
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Alantra Private Equity Fund III
invested in
Hiperbaric
in 2023
in a Management Buyout / Buy-In (MBO) deal