Following last month’s €30 million management buyout of pharmaceutical services business Labiana from 3i, a deal which marked Spain’s first secondary buyout, ABN Amro Capital has expanded its Madrid-based team with the appointment of Héctor Pérez Berjano as an assistant director.
Pérez Berjano joins the team from Merrill Lynch, where he spent six years in the corporate finance and M&A teams of the US investment bank’s operations in London and Mardid. Previously he was a member of the Madrid corporate finance team of Arthur Andersen.
The appointment brings the number of professionals in the firm’s Spanish private equity operations in Madrid to four. The unit, which was set up in 2001, comprises José Basabe, a former managing director at Bank of America, investment manager Alfredo Gatius, who joined the firm from Citibank, and Carlos Godina, who was recruited from DB Capital Partners in 2002.
The Labiana transaction was the third completed by the firm’s Spanish team. At the end of 2001, the firm made a €56 million investment in cleaning services group UNICA, and last year the firm backed a €25 million MBO of plastic container manufacturer Silita in March.