Ñaming, SL has been acquired by DeA Capital S.p.A.

July 2024 — Spain’s leading producer of sandwiches, fresh and ultra-fresh products, Ñaming, has sold a majority stake to Italian fund DeA Capital.

Founded in 1990 and headquartered in Zaragoza, Spain, Ñaming is a manufacturer and supplier of fresh single-dose foods for supermarkets, gas stations and vending machines. A market leader in the Spanish sandwich segment, it offers a wide range of products, including yogurts, juices, salads and cut fruit. Ñaming’s activities encompass both production and distribution, supported by its own nationwide distribution network.

DeA Capital is an Italian fund with more than €28 billion (US$30 billion) of assets under management. The firm has Agostini Group, one of Italy’s largest unlisted family-owned holding companies, as a major investor. DeA Capital currently manages the Taste of Italy 2 fund, which specializes in the food sector.

Founded in 1976 and based in Bilbao, Talde is a Spanish private equity fund with approximately €380 million (US$415 million) in assets under management aimed at both private equity and private debt. The firm focuses on the Spanish low–middle market.

Our role in the transaction

Oaklins’ team in Spain advised Ñaming on all aspects of the design, execution, negotiation and closing of the transaction.