Corpfin Capital has become the majority shareholder of the Eurogamma group, whose main subsidiary is the Spanish company Secna, which is specialised in the production of natural colourants for the food industry. Through this transaction, the amount of which has not been disclosed, Corpfin will control 51 percent of the capital of the Romanian group.

This is also the fourth investment made by Corpfin Capital Fund IV since it was raised last year, which has investment commitments amounting to €255 million. The three previous investments are the former FCC logistica (Logiters), el Grupo Preving (dedicated to occupational risk prevention)and El Fornet (a Catalan chain specialised in bakeries and coffee shops). 

In the last financial year, the group achieved consolidated revenues of more than €50 million. The objective of the transaction is to drive the company’s growth in the coming years, both by increasing its global presence—currently present in 70 countries—and by strengthening the commercial team.

In line with this, the Spanish subsidiary Secna has just inaugurated a new production plant in Chiva in which it has invested more than €20 million, and which will allow it to double its production capacity, improve its efficiency and develop new products.

Eurogamma, which together with Secna has other operating subsidiaries and production plants in Italy and Turkey, manufactures natural colourants for the food industry (pastry, ice cream, instant soups, stock cubes, jams, sauces, pet food…) and beverages (soft drinks, beers), and is specialised in the production of red and dark shades obtained from raw materials such as red grapes, black carrot and caramel.

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Corpfin Capital y Secna – Lavanguardia.com