Selected M&A transactions by ONEtoONE
Advice on sale
ITechGrup has joined Plexus Tech Group, a leading technology company with nearly 4,000 professionals worldwide. For over 16 years, ITechGrup has been a trusted partner in digital transformation, specializing in cybersecurity, risk management, DevOps, Hybrid IT, AI, and Open Source technologies. Serving large companies, they provide consultancy, engineering, support, and training to ensure the success of technological projects and partner with firms like OpenText and SUSE, and stand out for their commitment to efficiency, collaboration, and digital transformation. Plexus, known for tailored tech solutions, counts IBEX35 companies, major retailers, and financial institutions among its clients. Recognizing ITechGrup’s expertise in cybersecurity, Plexus strengthens ITechGrup’s offerings, now delivering comprehensive 360° solutions across AI, data, development, DevOps, SAP, systems, and communications and more.
Advice on buying
Extend Beauty, has acquired the fragrance branch of Maison Korloff, a French fine jewellery firm. Established in 1992, Extend Beauty is a French family-owned company that develops fragrances embodying elegance and the expression of the French cultural heritage of beauty and excellence. It controls the entire development process and distributes its products worldwide. Extend Beauty has successfully established, for nearly 30 years, the brand Princesse Marina de Bourbon, whose fragrances are now sold in more than 70 countries. It has also just launched the first fragrances of the French brand Le Coq Sportif. Founded in 1978, Maison Korloff is a brand celebrated for its exquisite jewellery, where creativity meets tradition, with 30 boutiques across Europe, the Middle East, and Asia. Maison Korloff has entrusted its fragrance division to Extend Beauty, which has acquired the Korloff fragrance brand along with the business, stock, and related assets.
Advice on buying
ONEtoONE has advised Destino Holdings in its acquisition of Doblemente. Destino Holdings acquires companies with strong fundamentals to empower inbound tourism through technology solutions. He will apply his experience to the Spanish market with the aim of global expansion. Doblemente, founded in Alcoy, Spain, by D. Pau Ferri in 2002, has managed over 1 billion euros in bookings and 11 million passenger reservations through its platform. Its client portfolio includes Viajes Baqueira Beret, Grandvalira, and Ineedtours and other clients across Spain, Latin America, and Europe. As part of Destino Holdings, Doblemente will invest to enhance its product functionalities, expand promotional services, and grow its client base across Spain and the Americas.
Advice on sale
ONEtoONE has advised Grau Zero on its sale to Plan-C Technologies. Grau Zero Lda. has over 40 years of experience operating in the special technical installations market, developing projects and installations of heating systems, ventilation and air conditioning, building maintenance and adjacent outdoor areas. Grau Zero is also active in the renewable energy sector. It provides engineering projects and solutions, from system installation and commissioning to technical support and general maintenance services. Plan-C Technologies is a company that has recently entered the Portuguese market, with several years of experience across Europe in countries such as France, Switzerland, and Germany. It focuses on efficient solutions for home automation and security. Their services include electrical, security, climate control, and home, business, and industrial automation installations. Plan-C Technologies also provides installation and Maintenance services in the renewable energy sector, particularly photovoltaic energy.
Advice on sale
ONEtoONE advised Biotulin, an international skincare brand owned by Germany’s MyVitalSkin, on the sale of its assets (brand, stocks, molds) to Lorience Paris. Founded in 2014, Biotulin is known for its innovative, mostly vegan formulas with immediate effects. With a vision to reinvent cosmetics using herbal ingredients, Biotulin has become a globally recognized brand. Lorience Paris, founded by Robin Schlang in 2004, specializes in brand-building for perfumes and cosmetics, blending French high-perfumery and cosmetology expertise. This acquisition strengthens Lorience’s product range, digital sales, and geographic reach, enhancing its portfolio, which includes Mauboussin Perfumes and Osée.
Advice on sale
ONEtoONE has advised our client, Localpack, on its acquisition by Azelis. Localpack is a Colombian company based in Medellín that specializes in the distribution of speciality chemicals for the industrial and pharmaceutical sectors. It is one of the fastest-growing companies in the sector in Colombia. Azelis is a leading innovation service provider in the specialty chemicals and food ingredients industry. They are present in 65 countries with a workforce of over 4,200 employees. is committed to becoming the preeminent provider of innovation and solutions for customers and principals in Life Sciences and Industrial Chemicals. The acquisition of Localpack will strengthen Azelis´ position in Colombia and Latin America, expanding their customer base and relationships with key principals who are aligned with the strategic vision for the region. The transaction will also allow for the integration of Localpack´s technical expertise.
Advice on buying
ONEtoONE has advised Laboratorios Ecar S.A. in its acquisition of Laboratorios Sorel S.A.S ́s assets. Laboratorios Ecar S.A. is a Colombian company headquartered in Medellín. It specialises in manufacturing cosmetic and pharmaceutical products. Founded 89 years ago, with a workforce of over 700 employees, Laboratorios Ecar is one of the key players in the health sector in Colombia. Laboratorios Sorel is a pharmaceuticals company specialised in the development and production of dermatological and cosmetic products such as sunscreens and depigmenters. This transaction will allow Laboratorios Ecar to accelerate their entry into new business lines by utilizing its current capacity and distribution channels. It will also make Laboratorios Sorel´s highly recognised products more accessible on the market.
Advice on buying
ONEtoONE has advised our client, Babel, in its purchase of KinetIT. Babel, a Spanish multinational specialising in digital transformation solutions and services, is one of Spain's top 10 technology consultancies. Owned by Aurica Capital, the group has operations in Spain, Portugal, Mexico, Colombia, Chile, Costa Rica, Morocco, Guatemala, Panama, and the Dominican Republic. Founded in 2014, KinetIT is a Portuguese software services company that focuses on supporting companies in their digital transformation initiatives. It operates in several countries as a leader in solutions based on the OutSystems low-code platform.
Advice on sale
ONEtoONE has advised Grupo Algaher on its sale to Espiga Capital. Founded in 1987, Grupo Algaher manufactures and sells sealing gaskets and rubber profiles for sectors such as tunnels, automotives, renewable energies and water piping. Grupo Algaher holds a competitive market position thanks to its high-quality products, good customer service and high level of technical knowledge. It leaves 2023 with a turnover of over 14 million euros. Espiga Capital is an independent private equity fund manager that specializes in small to medium sized industrial companies in Spain since 1998. In 2021, Espiga Capital raised a new fund with total commitments of 165 million euros, provided by national and international institutional investors. In this transaction, Grupo Algaher joins an impressive portfolio formed of Cintas Adhesivas Ubis, Enjoy Wellness, Tubing Food, Silam, Plastigaur and Abrasivos Manhattan.
Advice on sale
ONEtoONE has advised Mr Milivoj Peruzović, founder, long time CEO and Chairman of Adria Winch Group, in its sale to Global Offshore Engineering Group (GOE). Headquartered in Split, Croatia, Adria Winch Group is one of the most reputable European designers and producers of winches and other deck machinery for naval, fishing, merchant and offshore vessels. Recognised globally in shipyards and design offices, Adia Winch Group is a trusted supplier of state-of-the-art deck machinery. GOE, specialized in the global offshore oil and gas market, provides full support to its clients in the engineering, operational and project management fields. It has more than 500 employees located in Croatia, Turkey and Singapore, who are experts in design, engineering, construction, project and operational management, supply chain management and business administration. With the acquisition of Adria Winch Group, GOE is able to execute its strategy of diversification and vertical integration which enables the Group to offer a more comprehensive and custom-made service throughout the entire life cycle of an offshore services project.