A consortium of private investors, led by Uvesco CEO Ángel Jareño, has acquired Uvesco from PAI Partners to further enhance the company's market positioning in the Spanish food distribution sector.

Information on the Target

Uvesco is a prominent Spanish food distribution company that operates an extensive network of 344 stores under the well-known BM Supermercados and Super Amara brands. In addition to its physical retail presence, Uvesco also offers e-commerce services, catering to the preferences of modern consumers. The company's business model is distinguished by its focus on proximity stores, which emphasizes the sale of fresh, high-quality, and locally sourced products. Uvesco has established a robust presence in key regions of northern and central Spain, including the Basque Country, Cantabria, Navarra, La Rioja, and Madrid.

The recent acquisition involves private investors, led by Uvesco CEO Ángel Jareño, who aims to uphold and further develop the company's successful operational ethos. The consortium includes notable stakeholders such as Indar (an investment vehicle of Kutxabank), Inveready, Stellum, and the founding families along with Uvesco's management team.

Industry Overview in Spain

The food retail industry in Spain continues to experience significant growth, driven by changing consumer preferences and the increasing importance of fresh and locally sou