30 January 2017 – Expansión
The private equity firm Meridia Capital has acquired a minority but significant stake in the restaurant group Andilana, which operates 25 restaurants in Cataluña and Madrid and five hotels in Barcelona, the Costa Brava and Madagascar.
The aim of the operation is to simplify Andilana’s ownership structure and support its growth plan, which involves new openings in the Spanish capital, as well as in other cities with tourist potential.
Andilana generates turnover of €40 million, employs 645 people and receives 2.5 million clients per year.
Original story: Expansión
Translation: Carmel Drake