Clearwater International advises on its MBO of Grupo Sunviauto


Clearwater International has advised the management of Grupo Sunviauto on its MBO, backed by the private equity firm Oxy Capital.

Founded in 1969, Grupo Sunviauto is one of the major Portuguese automotive components manufacturers. Engaged in the production of seats and metal frames, Sunviauto exports nearly all its production and has subsidiaries in Spain, France, Germany and Mexico.

Oxy Capital is a private equity firm with presence in Portugal and Italy. Through its Mezzanine Fund, Oxy Capital was the first private equity firm in Portugal to create a firm-wide co-investment program. The Fund aims to invest €4M+ tickets in healthy companies with growth potential and/or sector consolidation opportunities

The management team, led by Angel Robleño, will work together with Oxy Capital to further develop Sunviauto’s international presence and industrial processes.

The Clearwater International team was led by partner Rui Miranda with support from analyst Artur Pereira.

Angel Robleño, CEO, Grupo Sunviauto said: “All the hard work over the last few years is bearing fruit and today our forecasts are excellent. Our sales have increased significantly in all our markets and they will keep on growing steadily. This partnership with Oxy represents a great opportunity for Sunviauto. The funding will allow us to improve our financial strength and access new promising projects and markets. Clearwater International’s experience and expertise played an important role in finding the right partner and achieving a successful transaction.”

Daniel Viana, Partner, Oxy Capital said: “We are delighted to support Angel and the rest of the management team on their expansion plan. With our combined expertise and ability to provide additional funding, we are confident that Grupo Sunviauto has all the conditions to reach its full potential.”

Rui Miranda, Partner, Clearwater International said: “We’re pleased to advise the management team, led by Angel, on this MBO. Oxy Capital’s investment represents a great opportunity to achieve the ambitious strategic plan envisioned for Grupo Sunviauto. We look forward to seeing the future developments of this partnership.”