Radar > 222146

Spain-based Fiesta filed for bankruptcy and will sell assets

La empresa española Fiesta entra en liquidación y venderá sus activos

Intel ID : 222146
Synopsis

Spain-based Fiesta announced bankruptcy and the sale of its assets. The company is valued at EUR 18.7m; EUR 12m correspond to the business (trademarks, products and sales channels) and EUR 6.70m correspond to real estate assets in Alcala de Henares.

The liquidation process will begin at the end of February or March 2015, and is estimated to be finalized by August of the same year.
(content in spanish)

La empresa española Fiesta ha anunciado que entra en liquidación y que venderá sus activos. La valoración de la empresa es de EUR 18,7m, donde EUR 12m corresponden al negocio (marcas comerciales, productos y canales de venta) y EUR 6,7m a los activos inmobiliarios del grupo en Alcalá de Henares.

El proceso de liquidación comenzará a finales de febrero o marzo de 2015, y se espera poder cerrar la operación antes de agosto del mismo año.

Target


Intel ID 222146
Value EUR 18,70m
Native Currency Euro (EUR)
Financial Data - Fiesta
(31 Dec 2012)
Revenue: EUR 15,66m
Net Debt: EUR 44,79m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Services and Distribution / Food and Beverage
Primary Sector (TTRSC)
15.07.02 Chocolate, Sweets & Confectionary
15 Consumer Products & Services / 15.07 Food

Secondary Sectors (TTRSC)
15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

Country
Website
Description

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Date Title Type Intel Grade Country Subsector  

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Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.