MCH Private Equity, the owner of Spain-based tuna group Conservas Garavilla, is looking at overseas deals as part of its plans to grow the Isabel brand owner to a €400 million ($485.5 million) turnover company by 2014.
MCH invested in Garavilla in 2010 and has no plans to divest any time soon, said Jaime Hernandez-Soto, a partner with the private equity group.
“The normal timeline of our investments is five years, but of course it depends on pricing and market conditions,” he told IntraFish.