Mid-market transactions. Local expertise. Global reach.

The transaction involves the sale of a majority equity stake in La Industria Harinera to Industrial Danec, in which ALPAX acted as the exclusive Financial Advisor to the shareholders of La Industria Harinera. La Industria Harinera is an Ecuadorian company with over 85 years of history, dedicated to wheat milling and the production of flour, premixes, and artisanal cookies. It is best known for its Santa Lucía brand—a staple in Ecuadorian households—alongside other well-recognized names such as Delipan, BB, and Lucy. The acquisition of La Industria Harinera is a strategic step in Industrial Danec’s diversification plan, strengthening its positioning in the food sector. The transaction was completed following approval by regulatory authorities.

The transaction involved the sale of Estancias Marangatú and Yacaré, located in the district of San Cristóbal, Alto Paraná Department, Paraguay. These properties, owned by Asunpar S.A. and Nikura S.A., were acquired by Agropeco S.A., a company belonging to the “Inpasa” Group. In this transaction, Alpax acted as the exclusive Financial Advisor to the Servant Family. This 9,019-hectare agricultural and livestock complex combines an extensive land area with a strategic location in one of the most productive regions of the country. Its operations efficiently integrate agriculture, cattle ranching, and forest reserve areas, making it a high-value asset within the national agribusiness sector. The Servant Family, of French origin, is a shareholder of Asunpar S.A. and Nikura S.A.

Following a competitive process orchestrated by DDA & Company, US-based independent creative agency forceMAJEURE, specializing in branding, design and photography for luxury/premium clients, joins the French Lonsdale Group, consolidating its international footprint. Following its successful move to Singapore in 2022, Lonsdale combines its expertise with forceMAJEURE in New York, and now operates from three major regional hubs: serving Europe and the Middle East from Paris, Asia Pacific from Singapore and North America from New York. Establishing a direct presence in the United States through forceMAJEURE will enable Lonsdale to penetrate the American market in the consumer branding segment, while acquiring valuable expertise in the luxury goods and wine & spirits sectors. The two companies already share similarities in terms of clientele and a distinctive “French touch” offering compared to Anglo-Saxon players. This acquisition has been finalized thanks to BNP Paribas Développement's entry into Lonsdale's capital alongside the historical shareholders NextStage and MI3, to support Frédéric Messian, some key managers and Laurent Hainaut, who becomes a Lonsdale shareholder and member of its strategic committee.

The transaction consists of the sale of 100% of the “Estación Los Jardines” Shopping Center and Other Real Estate Assets, owned by Grupo Amiria (Paraguay), to Grupo Chemin (Paraguay). Alpax acted as exclusive Financial Advisor to the Shareholders of Grupo Amiria. Grupo Amiria’s Shopping Center and Real Estate business, comprised of the Companies Monta and Cota Paraguay, includes: The operation of the “Estación Los Jardines” Shopping Center, with over 66 Commercial Units and 23,178 m² of Leasable Area, strategically and prominently located in the city of Luque, covering 29,817 m² of land and 32,698 m² of built area; and The Real Estate Asset housing the Supermarket recently acquired by Grupo Chemin, “Aho Aho Comercial,” also strategically located in the city of Luque, covering 7,549 m² of land and 6,736 m² of built area.

MD Banca de Inversión acted as exclusive financial advisor to Organización Carvajal (Assenda Inversiones), a Colombian holding with +120 years of history and annual revenue of USD1,650m, on the sale of Alaga to Integrity Holding. Alaga is a Colombian fintech facilitating the access to credit for small and medium sized enterprises (SME's) through a 100% digital platform. Alaga offers credit lines from COP3m with payment terms of up to 45 days, without requiring collateral or co-signers, adapting to the specific needs of SME's. It uses artificial intelligence to analyze credit scores profiles, enabling a fast experience without physical paperwork, with the fastest approvals and disbursements on the market. Integrity Holding S.A.S. provides financing solutions for business supply chains in Colombia, offering a consolidated product-based structure through factoring, credit, and transactional services.

ALPAX acted as the exclusive Financial Advisor to Vita Alimentos in the acquisition of 100% of the shares of Delcampo (“La Holandesa”). With this transaction, Vita Alimentos strengthens its strategic presence in the Ecuadorian dairy market and expands its participation in the cheese segment. Vita Alimentos and La Holandesa will continue offering high-quality products that have become part of thousands of Ecuadorian households, with a shared commitment to consumer well-being and sustainable business growth. Vita is an iconic brand in the Ecuadorian food industry, ranked among the country’s top three most recognized mass-consumption brands. With over 65 years of experience, it offers a comprehensive portfolio of dairy products. Through the incorporation of La Holandesa, Vita reinforces its position in the cheese and dairy beverage segment, adding a highly recognized brand and a team with extensive industry experience. The transaction was approved by the Superintendence of Market Power Control of Ecuador.