Nexxus announces the divestment from the portfolio company Maak Arca Holding, S.A.P.I. de C.V., derived from a spin-off and sale of the natural stone and wood division.
(Press Release) Nexxus announces that on May 21, 2018 it completed the divestment from Maak Arca Holding, S.A.P.I. de C.V., a consolidating platform of construction and decoration businesses in Mexico. The transaction was realized with a group of Mexican private investors.
The divestment was made through the spin-off and sale of the subsidiaries Mármoles Arca, S.A. de C.V. and Madarca S.A. de C.V., companies specialized in the distribution and sale of natural stones and wood, respectively.
Nexxus (through Nexxus Capital Private Equity Fund V, LP and Fideicomiso Nexxus IV), remains invested in a newly created holding company, Vidrios y Fachadas Holding S.A.P.I. de C.V., which consolidates Vitrocanceles S.A.P.I. de C.V. y Vitrogenera S.A.P.I. de C.V., leading companies specialized in the production, distribution and installation of glass for facades and aluminum window frames. Nexxus will continue executing the Value Creation Plan of this investment.
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Nexxus is one of Mexico and Latin America’s largest, most diversified, and recognized independent alternative asset managers, being the only Mexican manager to expand to Europe through its fund Nexxus Iberia, which has its dedicated team based in Madrid, Spain. Nexxus has raised and managed several funds with aggregate capital commitments of over US$1.5 billion, including the recent closing of Nexxus Mezzanine Fund I.
Nexxus’ vision is to be the Mexican alternative asset manager with whom investors, entrepreneurs and service providers prefer to associate with, due to its value creation capabilities and its thorough transparency, integrity and professionalism.
For further information on Nexxus Capital visit www.nexxuscapital.com or contact:
Investor Relations – [email protected] – (55) 5292-3400