Clearwater has advised MCH Private Equity, one of Spain’s largest independent private equity houses, on the acquisition of a shareholding in Grupo Brasmar (Brasmar), a leading Portuguese frozen seafood company.
Brasmar is a fast-growing company based in Portugal, with a significant presence in Italy, Brazil and Spain. The business expects to generate revenues in excess of €150m over the course of 2016.
The investment from MCH Private Equity in Brasmar will support the international expansion of the company.