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3i to sell its stake in Provimar3i to sell its stake in Provimar
John Gallagher
15-Oct-2006
SPAIN/MOROCCO. Recent reports in the Spanish financial press that Barcelona-based ship chandler and duty-free shop operator Provimar is up for sale are only partially true, DFNI understands. According to Provimar CEO Juan Sunet, management partner 3i is seeking to sell its stake in the company
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Sunet said: "When we implemented the management buy-out four years ago, our partner 3i helped to finance the operation. But in common with all capital risk companies, it is now
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(23-May-2007) - Spanish ship supply and duty-free shop operator Provimar is to be sold to Norwegian conglomerate Eitzen Maritime Services
(1-Jul-2002) - SPAIN. Risk capital financier 3i Spain, a subsidiary of UK-quoted group 3i, has taken a 49% stake in Barcelona-based ship supplier and duty-free shop operator Provimar.The purchase follows a management buyout led by managing director Juan Sunet and executive director Werner Muehlemann. Sunet and Muehlemann have purchased the company from outgoing chairman Fernando Puche and Swiss-based Cornwall Holdings for Eur27m ($26.7m).
(5-Jul-2007) - Eitzen Maritime Services (EMS) has confirmed the purchase of Arbodans XXI, the holding company of the Barcelona based-ships supplier and duty-free shop operator Provimar
(2-Apr-2003) - SPAIN. Barcelona-based ship supplier and duty-free shop operator Provimar has posted 2002 sales of Eu79.6m, up 5.6 % on the previous 12 months.
(1-Sep-2002) -