PE firm Black Toro backs Spanish ice cream merger

ice cream
By Victor Jimenez
11 Apr 2017

Private equity firm Black Toro Capital has invested €40m to finance an acquisition by a private company that will create Spain’s largest ice cream maker.

Farga, a family-owned company, is buying La Menorquina, a leading ice cream brand, from Grupo Kalise Menorquina, another family owned group.

Black Toro has provided a €40m ...

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