Extract from M&A Insights

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IMA Dairy & Food acquires majority stake in Intecma in Spain
September 29, 2020
The packaging machinery group IMA Dairy & Food has signed a contract to acquire a majority stake in the Spanish company Intecma, a producer of form, fill and seal machines for cups in the lower performance range. Intecma was previously owned by the managing partner, Manuel Gonzalez, who founded the company 30 years ago. The location in Sant Just Desvern near Barcelona with currently around 50 FTEs will thus become a core business of the group. Intecma will be continued under its existing brand name. Transaction details were not disclosed.
ⓘ This story was originally featured in our daily M&A Insights newsletter.
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