- Esther Sarsa will lead the Sustainability, Impact and ESG strategy at the firm and portfolio companies
- The firm has accomplished a record year of investment activity during 2021, with six new transactions worth €600 million completed over the last 12 months
Miura Partners reinforces its commitment towards Sustainability with the incorporation of Esther Sarsa as Head of Sustainability and member of the investment team.
Esther will be responsible of leading the implementation of the ESG Blueprint and Impact goals within Miura’s portfolio companies, overviewing the risks & opportunities when analyzing new investments and meeting the expectations and requirements from investors and other stakeholders.
Previously, Esther has served as Director of Sustainability and Public Affairs at Danone and consultant at The Boston Consulting Group. She is currently a Board Member at B Corp and Empieza Por Educar (Teach For All network). In addition, she is the president of the B Impact Circle and a senior advisor in several Impact organizations such as Ship2B and Roots for Sustainability.
“The time has come to show that sustainability creates social, environmental but also economic value. I join Miura Partners with the purpose of placing sustainability as one of the key transforming drivers in our portfolio companies”, comments Sarsa.
Luis Seguí, Founding Partner & CEO at Miura Partners, highlights that “we continue to move decisively towards sustainability, this time hand in hand with Esther. We are living in a very complex context and must act with more responsibility than ever. Esther’s profound experience in Sustainability & ESG will play a key role in our investment activity and the development of our portfolio companies.”
Miura Partners has been reinforcing its management team by appointing C-suite executives in strategic areas. Prior to Esther’s incorporation, the firm welcomed Paz Velasco as Legal Director earlier this year.
Solid investment pace
Miura Partners has kept a fruitful and intense investment activity over the last months after completing six new transactions worth €600 million. The firm entered the healthcare sector by acquiring Terrats Medical and Proclinic. Additionally, Brokers Alliance was created as a consolidation project in the insurance brokerage sector with Banasegur as the initial investment. Miura also expanded Citri&Co’s leading position as a global producer of fresh fruit with the acquisition of a stake in Agricola Famosa in Brazil. Regarding divestments, Equipe Cerámicas was integrated within the leading Italian ceramic manufacturer Italcer; and The Reefer Group was sold to French Asset manager Amundi.
Miura achieved another milestone in terms of transparency with the publication of The Reefer Group Divestment Report. The company was sold to Amundi last May after a five-year holding period and the report includes the milestones achieved in organic growth and operational improvements, innovation and sustainability, including performance indicators for each transformation area. TRG grew its market share in Europe to 23%, increased its production capacity by 40% and was a pioneer in the manufacture of hydrogen-based semi-trailers, among other relevant developments.
With the release of such divestment report, Miura Partners intends to make a difference by reinforcing its responsible investment model while committing to transparency in the management of its portfolio companies.
Additionally, Miura Partners consolidates its social action with the launch of the Matching Programme, an initiative by which the team members commit a percentage of their wages to social impact projects, and the amount collected is matched by the firm. The program will start in January 2022 with the contribution of nearly €200,000 and will focus on non-profit organizations whose activity has an impact on the following dimensions: Health and Well-being, Development and Inclusion, and Environment and Resources.