Exclusive advisor to Miquel y Costas on the acquisition of Clariana, a Spanish family business leader in the manufacturing of color paper and cardboards. Miquel y Costas, with an annual turnover over €200 MM, is the largest manufacturer of fine and specialty papers in Spain and one of the largest players worldwide.


The integration of Clariana into the Miquel y Costas group reinforces the group’s leadership in the specialty papers segment in Spain and facilitates important commercial and operational synergies. The international recognition of Clariana together with the production technology of Miquel y Costas allows the group to expand its range of products and strengthen its international position.