Spain's Blaumar and Inveready buy auto-parts group Blinker
What's the deal? Spanish private equity firms Blaumar Capital PartnersDealroom has a profile for this one. Try Dealroom → and InvereadyDealroom has a profile for this one. Try Dealroom → have acquired a majority stake in Blinker, a distributor of parts and supplies for professionals across sectors including automotive, industry, construction, metal and marine. Terms were not disclosed.
Who's involved? Founded in 1993 and based in Alicante, Blinker runs a catalogue of more than 30,000 product references. Founders Luis García-Valdecasas and José Antonio Ferri stay on as minority shareholders.
By the numbers: Blinker posts annual revenue of around €67 million, with an EBITDA margin above 10%. It employs more than 600 people, roughly 440 of them in Spain.
What's the endgame? With its new backers, Blinker aims to accelerate growth and international expansion. It already operates through direct subsidiaries in France and Portugal, managing its logistics network from Alicante, and will explore acquiring competitors.
The signal: The deal lands as Spanish private equity leans into the car-repair business. PortobelloDealroom has a profile for this one. Try Dealroom → recently agreed to take a majority stake in JBMDealroom has a profile for this one. Try Dealroom →, a distributor of professional automotive and workshop tools, while Mutua MadrileñaDealroom has a profile for this one. Try Dealroom → bought MotortownDealroom has a profile for this one. Try Dealroom → and AurgiDealroom has a profile for this one. Try Dealroom → outright from GPF CapitalDealroom has a profile for this one. Try Dealroom →.
Read more: expansion.com
