Serpis

Activity
Top-quality producer and distributor of table olives
Headquarter
Alcoy, Spain
Type of transaction
Management Buy-Out (MBO)
Project
International expansion and product development
Investment year
2023
Status
Current portfolio

Market leader of high-quality olives

Cándido Miró is a family-owned company founded in 1926, headquartered and operating in Alcoy, specializing in the production and distribution of high-quality olives. The company operates under the Serpis brand and was instrumental in popularizing the anchovy-stuffed olive both domestically and internationally. With 100 employees and a cutting-edge production facility spanning 18,000 square meters, Serpis is a market leader in Spain, Mexico, and other Latin American countries, with a presence in over 30 countries.

The partnership between Miura and Serpis aims to invigorate the table olive category by enhancing brand awareness and introducing value-added products in key markets. Additionally, the company will explore strategic add-ons to strengthen Serpis' product range, expand its industrial capabilities, and enter new markets and client segments.

In 2024, Cándido Miró acquired the brands Ibérica and Maestro de Oliva, specialized in the distribution of olives, olive oil and pickles with a strong presence in Europe and the Asia-Pacific Region. Following these acquisitions, the company and Miura created the Olive&Co, a platform aimed at consolidating the market and building value through the acquisition of leading, high-quality brands in the natural and healthy snack categories.

www.serpis.com