PHI Industrial has successfully acquired Panalia and Palinox, enhancing its presence in Spain's industrial and food sectors with a focus on quality and innovation.

Target Company Information

PHI Industrial has acquired Panalia Derivados de la Harina (Panalia) and Palinox Ingeniería y Proyectos (Palinox), both of which have been established and managed by family entrepreneurs. Panalia, based in Madrid, is recognized as a significant player in the premium artisanal bakery sector, focusing on innovation, quality, and differentiated products. In 2024, Panalia achieved sales of 13 million euros, with an EBITDA of 2 million euros.

On the other hand, Palinox, located in Barcelona, is a leading engineering firm specializing in the design and manufacture of refrigeration solutions for the food industry. The company reported a turnover of 20 million euros and an EBITDA of 4.5 million euros, renowned for its advanced technology and strong reputation within the sector.

Industry Overview in Spain

Spain's food and beverage sector has seen significant growth, driven by consumer demand for quality and innovative products. The artisanal bakery segment, in particular, is expandin

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PHI Industrial

invested in

Panalia Derivados de la Harina and Palinox Ingeniería y Proyectos

in 2025

in a Buyout deal

Disclosed details

Revenue: $33M

EBITDA: $7M

Deal Parameters
Industry
Country
Seller type

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