# Abac Capital and Catral acquire Intermas Group for around EUR 60 million

Abac Capital and Catral Garden & Home Depot have closed the acquisition of Intermas Group, a Spanish manufacturer of high-performance technical materials, for around EUR 60 million. Abac takes the industrial business, Catral the gardening and DIY division.

- Type: Acquisition
- Announced: 2022-09-08
- Where: Llinars del Vallès, Barcelona, Spain, Spain
- Value: $60.0M (60.0M EUR)
- Status: completed
- Products: high-performance technical materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Abac Capital](https://endata.com/companies/47416.md) (acquirer)
- [Catral Garden & Home Depot](https://endata.com/companies/65217.md) (acquirer)
- [Intermas Group](https://endata.com/companies/65218.md) (target)

## Sources

- [expansion.com](https://www.expansion.com/catalunya/2022/09/08/631a137e468aeb17188b4595.html), 2022-09-08: "La gestora barcelonesa de capital riesgo Abac Capital y la empresa alicantina de jardinería Catral Garden & Home Depot, que tiene como socios a JP Morgan y Blackpearl, han cerrado este jueves la compra de la compañía catalana Intermas Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
