Clearwater International advises Abac Capital and its subsidiary Industrial Metalcaucho SL on the acquisition of Cautex
Clearwater International has advised automotive parts manufacturer Industrial Metalcaucho SL (Metalcaucho), who are owned by private equity firm Abac Capital, on the acquisition of Cautex as part of their European growth strategy.
Metalcaucho is an independent provider of automotive replacement parts, specialising in metal and rubber parts with a catalogue of over 18,000 products. Founded in Barcelona, the company has a global presence, with international exports accounting for over 60% of their total sales.
The acquisition of the Spanish-based Cautex aims to secure Metalcaucho’s leading position in Europe. Cautex distributes parts within the automotive sector.