PRINT THIS PAGE Four private equity bidders shortlisted to buy Spanish firm Mivisa26/11/2004. Source: AltAssets. 
 European CVC Capital Partners, Spanish Mercapital and US firms AEA and The Carlyle Group have all been shortlisted in the auction for Spanish can manufacturer Mivisa. The firm is currently owned by buy-out firms PAI Partners and Suala Capital and is expected to reach more than €500m.
PAI and Suala bought Mivisa in November 2001. It was one of the largest private equity transactions in Spain in that year. In summer 2004 PAI and Suala undertook a €253.5m leveraged recapitalisation of Mivisa.
Mivisa produces tinplate cans for food products, mainly fruits, vegetables, fish and meat products. The company has five production plants in Spain.
PAI and Suala hope to complete the deal before the end of this year.
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