Alter Cap Andalucía invests one million euros in Casero y Natural to support its ambitious expansion plans for El Tortillón in Spain.
Target Company Overview
Alter Cap Andalucía has invested one million euros in Casero y Natural, trading as El Tortillón, a company based in Seville. Currently operating nine stores across Seville, Huelva, and Málaga, El Tortillón offers approximately 30,000 handmade Spanish omelettes monthly, prepared without preservatives and using whole eggs. In addition to the omelettes, the company provides over forty ready-to-eat dishes, which are now also available in large retail chains.
This investment allows Casero y Natural to welcome Alter Capital as a shareholder, facilitating its ambitious expansion plans. These plans include the establishment of 60 new stores across Spain and further retail growth of their homemade products. The company is also considering the possibility of franchising its business, although this concept is still in the development phase. Recently, Casero y Natural launched a restaurant, Tortillón Tapas, in Alcalá de Guadaíra, featuring a 250-square-meter outdoor terrace and diversifying its business operations.
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Industry Overview in Spain
The food industry in Spain has seen significant growth in recent years, driven by an increasing demand for convenience foods and ready-to-eat meals. The popularity of homemade products, like those offered by
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2019
Alter Cap Andalucía
invested in
Casero y Natural
in 2022
in a Seed Stage deal
Disclosed details
Transaction Size: $1M
Revenue: $5M