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News 2026-10-05 17:50 UTC

Arta Capital to acquire majority stake in Spanish electrical enclosures maker Pinazo

Artá Capital has agreed to buy a majority stake in Spain's Pinazo, a maker of low-voltage electrical enclosures and switchboards. Pinazo generated about EUR 40 million in revenue in 2025 and has achieved roughly 12% compound annual growth over the past six years. The founders will remain in management and retain a mino