PAI Partners agrees to sell food distribution company Uvesco

Uvesco operates a network of 344 stores under the BM Supermercados and Super Amara brands.

  • Uvesco will be sold to a consortium
  • The consortium is led by Ángel Jareño, CEO of Uvesco
  • Uvesco is headquartered in Guipúzcoa, Spain

PAI Partners has agreed to sell its entire shareholding in Uvesco to a consortium of institutional investors from the Basque region.

The consortium is led by Ángel Jareño, CEO of Uvesco, who will reinvest in the business jointly with other managers and continue to lead the company in its next phase of growth.

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