• • Following these acquisitions, Miura Partners creates the holding Olive&Co to consolidate the olives and healthy snacks space

 

Cándido Miró, a leading company in high-quality olives, best known for its flagship brand Serpis, has completed the acquisition of brands Ibérica and Maestro de Oliva, specialized in the distribution of olives, olive oil and pickles.

 

This initiative will enhance the group’s international footprint, leveraging Ibérica’s and Maestro de Oliva’s strong position in Europe and the Asia-Pacific region.

 

Following the acquisition of Cándido Miró last June 2023, Miura Partners has now created Olive&Co, a platform aimed at consolidating the market and building value through the acquisition of leading, high-quality brands in the natural and healthy snack categories.

 

Olive&Co expects to reach combined revenues in excess of €70 million in 2024, with each brand keeping its commercial identity, operations and value chain.

 

Fernando Clúa, partner at Miura Partners:

“We are integrating two brands with significant presence and exposure in key segments like olives, olive oil, and pickles, which complement Candido Miro’s categories and other brands within the group. This is the first step in a growth plan where, through Olive&Co, we will continue to incorporate new brands, value, and geographic presence.”

 

About Miura Partners

 

Miura Partners is a purpose-driven Private Equity firm. With offices in Barcelona and Madrid, the firm specializes in investing in small and medium-sized family-owned and entrepreneurial companies. Miura provides attractive growth and innovation plans with a clear focus on sustainability and internationalization, under its three investment strategies: Buy-outs, Impact and Long-Term Capital.

 

Since 2008, Miura has invested in more than 70 companies, for a total value in excess of €3.0bn. Currently, the firm has more than €1.5bn of Assets under Management.

 

About Candido Miro

 

Serpis is the flagship brand of the company Candido Miro specializing in the production and distribution of olives and pickles. This family-owned business, based in Alicante, was a pioneer in Spain, commercializing anchovy-stuffed olives in 1926. Since then, it has grown to become a market leader domestically and has established a significant international presence, exporting to over 40 countries.

 

Its facilities span 16,000 square meters dedicated to the production and storage of high-quality products, offering an extensive catalog.