Transaction

Clearwater advises the shareholders of Grupo Hispamoldes on its sale to Quarza Inversiones

Transaction

Grupo Hispamoldes sold to Quarza Inversiones

Sell-side

Undisclosed

Role

Advisers to the shareholders of Grupo Hispamoldes on its sale to Quarza Inversiones

Sector

Automotive

Region

Spain

Clearwater has advised the shareholders of Grupo Hispamoldes, a leading automotive supplier in the mould and plastic component manufacturing business, on its sale to Cristian Abelló’s new investment firm, Quarza Inversiones

Grupo Hispamoldes, based in Orense Spain, has over 30 years of experience as a business based on two complementary divisions distributed among 4 facilities; moulds engineering, manufacturing (Hispamoldes and Moldes de Mexico), plastic components injection and painting (Hispaplasti, Plasticos de Palencia and Hispamoldes Tanger)

Quarza Inversiones is a recently established investment firm founded by Cristian Abelló. Quarza Inversiones has interest in diverse industries, targeting flexible and adaptable companies

Quarza Inversiones will support Grupo Hispamoldes in its long-term expansion project. The main focus will be widening the product portfolio, offering services with higher added value and consolidating its position as a Tier-1 supplier.

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