#spanish business registry

[magma-iron]

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Star Your New Business In Spain In Easy Steps

Starting a business in Spain can be done as a freelancer or as a limited liability company (LLC), known as "Sociedad Limitada" (SL) in Spanish. The choice between these options depends on how you want to handle corporate issues and the level of liability you're comfortable with.

As a freelancer or sole trader ("autónomo" in Spanish), you are personally liable for all business debts and obligations, as you are considered the company itself. On the other hand, forming an SL with the assistance of relocation services in Spain limits your liability to the assets of the company, providing greater protection for your personal assets. If your annual income exceeds €60,000, transitioning to an SL may offer tax advantages.

Here are the steps to start a business in Spain:

Obtain your NIE number: The NIE (Número de Identificación de Extranjero) is necessary for any legal procedure in Spain, including starting a business. You can obtain it if you're a resident with a valid permit or as a non-resident through the relevant authorities.

Request a company name: Once you have your NIE, you need to obtain a company name from the Commercial Registry of Companies. You'll need to submit a list of preferred names, and if none are taken, you'll be granted one.

Open a business bank account: With your NIE, passport, and company name, you can open a business bank account. You'll need to deposit at least €3,000 in capital, which is the legal minimum for an SL.

Create shareholders at the notary: Visit a notary to designate company directors, name shareholders and their shares, determine the official address, specify business activities, and establish internal decision-making processes and company bylaws. You'll also need to provide a bank statement showing the €3,000 capital.

Register the company: Submit the constitution deed to the Spanish Commercial Registry to register the company. This process typically takes about two weeks, and you'll receive a temporary CIF (company NIE) afterward.

Register with the tax agency: Before commencing business operations, you must register with the tax department using the provisional CIF obtained earlier. This allows you to legally sell products and services and fulfill tax obligations.

Obtain a Social Security number: If you plan to hire employees, you'll need to request a company Social Security number to ensure compliance with social security obligations.

Start your business: Once all the necessary procedures are completed, you can officially start your business and begin operations.

Relocation companies in Barcelona can assist you in choosing the best business structure and guide you through the process with expertise and efficiency.

[batstevenstephens]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[christianlanden]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[lindaboggers]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[georgeschuylerfinance]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[mongleelifestory]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[oscarthompsonfinance]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[saltygardenerlove]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[bertrhert]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[craigmyersfinance]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[dreamilykawaiibasement]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[brianway23]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[movieblogreview]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[yourfinancestu]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.

[edwardredwould]

La Menorquina relaunches its business plan with the support of Taconic Capital and Cheyne

It expects to grow 25% at the end of this year and exceed pre-Covid 19 sales

Obtain financing to continue with your activity and refinance your working capital

Farggi , the Catalan company known for being the owner of La Menorquina ice cream , has reached an agreement to obtain financing for its business plan, on the one hand, and refinance its working capital, on the other, after reaching an agreement with the debt fund American Taconic Capital. The horizon of the company, which during the pandemic received the support of the Cheyne Capital fund , its main shareholder, is to reach 105 million euros in revenue by the end of 2023, the year in which it will also end with 22 production lines and one extended presence in 40 countries.

After this operation, advised by Arcano's debt team, the Catalan company achieves more visibility to undertake its strategy. To begin with, in January of this year it managed to get Cheyne, its main shareholder, to approve a contribution of more than 12 million euros to cover its working capital needs and prepare this year's campaign.

Of the total amount, the majority was achieved through a participatory loan and the remaining amount through lines of credit with financial institutions and with a guarantee from the fund itself. "With this financing, Lacrem (Farggi) will be able to continue responding to its clients and capture the good growth prospects it has for the coming years ," company sources explain.

Now, Taconic is breaking in to relaunch the company's business plan, although it has not participated alone in the operation, sources with knowledge of the matter say. This debt fund is known in Spain, among other things, for having become the largest creditor of the highways that were privatized and later bankrupt. The American group has also obtained credits from financial entities in other projects, such as the unpaid debt of the Valencia Marina.

Farggi results

From January to March of this year, the company's results have improved and even exceeded the figures previously budgeted for this year. Thus, in 2023, Lacrem has managed to close the year for the third consecutive year with growth equal to or greater than 25% and achieve sales 1.8 times higher than those recorded in 2019. "This high growth is the fruit of the effort made in the recent years to consolidate itself in the Spanish market as the first Spanish own-brand ice cream manufacturer," Lacrem sources add in this regard.

This milestone has been possible thanks to a plan executed by management, which ranges from improving industrial costs to greater efficiency and productivity of manufacturing lines or reinforcement of supervisors' manufacturing lines, according to the latest report. available in the Commercial Registry.

In the same documentation it was already revealed that Farggi was evaluating new financing models to strengthen its structure and renew the debt with banking entities on time , as well as allow the necessary financing due to the "high growth" that the company was experiencing.

Farggi, which was founded 80 years ago by the Catalan family that gives its name to the group, the Farga, now closes a new milestone after having overcome the turbulence of the coronavirus , which forced its current owner to explore a loan of up to 70 million through the fund articulated by SEPI (Fasee) for strategic companies.