Sherpa Capital, a private equity fund manager focused on investing in medium-sized companies with 250 million euros under management, announces the entry into the shareholding of Omega Spice, a leading Spanish company in the production and distribution of spices, herbs and dehydrated vegetables for large food companies.
With the entry into the capital by Sherpa Capital, Omega Spice begins a new stage oriented towards the consolidation and growth of the business through new investments that strengthen the Company and its positioning along the value chain.
Founded in 1998 and headquartered in Archena (Murcia), Omega Spice is a benchmark company in the spice sector with a clear international vocation, with more than 95% of sales abroad, representing Latin America c. 65% of the total.
The Company is a benchmark in product and raw material quality, audited and accredited with the strictest food safety and security certificates and with its own laboratory dedicated to the analysis and validation of its production. Thanks to this strict internal control together with the quality of the product, Omega has large international food groups among its clients, maintaining a long-term commercial relationship with all of them.
- In the words of José García, Omega's Managing Director, "Sherpa's arrival at our company consolidates our growth project in the culinary food and food industry where the quality of our product has a recognised prestige and occupies a position that makes us a strategic supplier for the main multinationals".
"We are convinced that the experience and support of Sherpa Capital will be fundamental in the transition of our business model to become a worldwide reference in the sector of spices and dehydrated vegetables for industrial use.
- For Jorge Fernández Miret, partner of Sherpa Capital, "the entry into the capital of Omega represents a long-term project in a market with great growth potential, where a reference operator like Omega has great competitive advantages. For us the project is especially interesting due to the success shown by Omega in growing through exports and thanks to the quality of the product, which we want to continue promoting in the coming years to make Omega one of the great leaders in the sector". The operation was advised by EY as financial advisor to Omega Spice, Garrigues as legal advisor to Omega Spice and Gómez Acebo and Pombo as legal advisor to Sherpa.