Be Levels seeks buyer for around 350 million
The Spanish group hires Lazard to find a partner that will help accelerate growth and finance its internationalization.
Be Levels, a Spanish company specializing in premium food supplements, has hired Lazard as financial advisor to find a new shareholder to accelerate growth and finance international expansion. The operation may lead to a change in majority shareholder, with current shareholder Axon Partners, which owns 17%, potentially selling its stake.
The company's founders and management team are expected to remain involved in the business. Be Levels has achieved annual revenue of over €50 million and an expected EBITDA of around €20 million, with a potential valuation of around €350 million.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
