SMEs and Small Mid-Caps in Portugal
Fund with a preference for companies with recovery capacity in the areas of Health, Food Value Chain, Industry, Technology, Energy & Environment.
The fund's investment target is between 5 and 8 M€.
Investment may be higher, in partnership with co-investors.
Minority, or majority stakes in the company's governing bodies.
Alignment of interests with a management team with solid experience and knowledge.
Electrofer is a Portuguese company thatoperates two primary business lines: customized production of metallic structures for large constructions, supported by superior engineering and large-scale production capacity, and operates the customized surface treatment solutions for auto parts to leading international automotive manufacturers, exporting more than 40% of their production.. Founded in 1994, the company is headquartered in Marinha Grande (Portugal’s central zone).
Electrofer strong track record and technical recognition in the market, along with the increasing competitiveness of metal solutions for construction Investment, enables a growth strategy supported in the current low-capacity usage and in the strong forecasts for the construction sector with over €1.1 billion of European money to be invested in public construction in Portugal. The increasing demand for auto parts in electrical vehicles, and the already recurrent revenue streams through the surface treatment business unit at Electrofer, also forecasts a strong growth and internationalization path. CoRe identified the opportunity to generate growth on historical activities and further diversify the company’s revenue streams.
Electrofer is a Portuguese company thatoperates two primary business lines: customized production of metallic structures for large constructions, supported by superior engineering and large-scale production capacity, and operates the customized surface treatment solutions for auto parts to leading international automotive manufacturers, exporting more than 40% of their production.. Founded in 1994, the company is headquartered in Marinha Grande (Portugal’s central zone).
Electrofer strong track record and technical recognition in the market, along with the increasing competitiveness of metal solutions for construction Investment, enables a growth strategy supported in the current low-capacity usage and in the strong forecasts for the construction sector with over €1.1 billion of European money to be invested in public construction in Portugal. The increasing demand for auto parts in electrical vehicles, and the already recurrent revenue streams through the surface treatment business unit at Electrofer, also forecasts a strong growth and internationalization path. CoRe identified the opportunity to generate growth on historical activities and further diversify the company’s revenue streams.
Jayme da Costa (“JdC”) is a leading Portuguese Engineering, Procurement & Construction (“EPC”) company developing solar power stations and manufacturing electrical equipment. With over 100 years of market presence, JdC has established its name in the industry by the expertise of its engineering solutions both in the low and mid tension production of electrical devices and in the delivery of EPC solutions in the energy renewable market with hundreds of installed MW in hydric, wind and solar infrastructure.
Jayme da Costa strong track record and technical recognition in the market as the best company operating in its field supports a positive outlook for market expansion both in its home country and internationally due to strong prospects supported in a significant increase of licensed energy output both in Portugal (with over 1GW of new licences per year up to 2030) and Europe (renewable energy to hit 32% of total energy consumption by 2030). CoRe identified the opportunity to leverage on JdC’s superior technical expertise and reposition the company to capture growth of the promising Portuguese photovoltaic market.
Jayme da Costa (“JdC”) is a leading Portuguese Engineering, Procurement & Construction (“EPC”) company developing solar power stations and manufacturing electrical equipment. With over 100 years of market presence, JdC has established its name in the industry by the expertise of its engineering solutions both in the low and mid tension production of electrical devices and in the delivery of EPC solutions in the energy renewable market with hundreds of installed MW in hydric, wind and solar infrastructure.
Jayme da Costa strong track record and technical recognition in the market as the best company operating in its field supports a positive outlook for market expansion both in its home country and internationally due to strong prospects supported in a significant increase of licensed energy output both in Portugal (with over 1GW of new licences per year up to 2030) and Europe (renewable energy to hit 32% of total energy consumption by 2030). CoRe identified the opportunity to leverage on JdC’s superior technical expertise and reposition the company to capture growth of the promising Portuguese photovoltaic market.
Varandas de Sousa is dedicated to the production, marketing, and distribution of fresh mushrooms, holding a significant market share in large distribution and retail outlets due to the consistent quality of its production. It benefits from a robust customer base that ensures recurring and stable revenue. Founded in 1989, the company has 3 operational units and operates under a fully integrated model throughout the value chain of its production lines.
Varandas de Sousa holds a dominant market position with a recurring national market share of 85%, allowing it to benefit from price-setter status. The perishability of the product and high installed capacity constitute significant barriers to entry in the national market. In a situation of insolvency due to excessive group debt, the company had poor management with low levels of productivity, production control, and an inefficient logistics structure. CoRe, identifying clear opportunities for operational improvement focused on rapidly increasing productivity, secured a controlling stake of 90% of the capital, ceding 10% to a co-investor in the sector: the Sugal Group (Europe’s largest producer of tomato concentrate), and investing €7.5 million of fresh capital in the company.
Varandas de Sousa is dedicated to the production, marketing, and distribution of fresh mushrooms, holding a significant market share in large distribution and retail outlets due to the consistent quality of its production. It benefits from a robust customer base that ensures recurring and stable revenue. Founded in 1989, the company has 3 operational units and operates under a fully integrated model throughout the value chain of its production lines.
Varandas de Sousa holds a dominant market position with a recurring national market share of 85%, allowing it to benefit from price-setter status. The perishability of the product and high installed capacity constitute significant barriers to entry in the national market. In a situation of insolvency due to excessive group debt, the company had poor management with low levels of productivity, production control, and an inefficient logistics structure. CoRe, identifying clear opportunities for operational improvement focused on rapidly increasing productivity, secured a controlling stake of 90% of the capital, ceding 10% to a co-investor in the sector: the Sugal Group (Europe’s largest producer of tomato concentrate), and investing €7.5 million of fresh capital in the company.
Given the gap in the supply for high quality assisted living services in the market, PSHC leveraged in the vast experience of one of its partners to begin its activity in January of 2020 as an assisted living operator. It has been implementing an expansion plan in the sector through the consolidation of several residences under the same management. Currently operates Fátima Spa Clube unit (Fátima), 5Sensi unit (Viana do Castelo), Coimbra Unit, Marinha Grande Unit, Santiago (Caldelas), Libervita (Cascais), S Bartolomeu (Estoril), S. António (Estoril), Fundação António Sardinha (Sintra) and three greenfield projects are under construction (Mem Martins, Amadora e Almada)
Growth by acquisition project (buy and build), with the aim of expanding and consolidating the number of beds it operates under the same professional management, to position the company as a leader in living solutions in the coming years.
Given the gap in the supply for high quality assisted living services in the market, PSHC leveraged in the vast experience of one of its partners to begin its activity in January of 2020 as an assisted living operator. It has been implementing an expansion plan in the sector through the consolidation of several residences under the same management. Currently operates Fátima Spa Clube unit (Fátima), 5Sensi unit (Viana do Castelo), Coimbra Unit, Marinha Grande Unit, Santiago (Caldelas), Libervita (Cascais), S Bartolomeu (Estoril), S. António (Estoril), Fundação António Sardinha (Sintra) and three greenfield projects are under construction (Mem Martins, Amadora e Almada)
Growth by acquisition project (buy and build), with the aim of expanding and consolidating the number of beds it operates under the same professional management, to position the company as a leader in living solutions in the coming years.
Founded in 2012, Palsystems is one of the Portuguese leading companies in wood sawmilling and producing wooden pallets and packaging. With internationally recognized quality certifications, Palsytems produces pallets and wooden packaging in a specialized way, ensuring rigor and excellence in each product.
With a highly competent team and solid customer partnerships, Palsystems is widely recognized for its operational excellence in a high-growth market.
Founded in 2012, Palsystems is one of the Portuguese leading companies in wood sawmilling and producing wooden pallets and packaging. With internationally recognized quality certifications, Palsytems produces pallets and wooden packaging in a specialized way, ensuring rigor and excellence in each product.
With a highly competent team and solid customer partnerships, Palsystems is widely recognized for its operational excellence in a high-growth market.
Purever is a leading company in the design and manufacture of premium insulation solutions for refrigeration systems, serving sectors such as food, pharmaceuticals, healthcare, and industrial applications. With a strong international presence, delivering products that safeguard health and well-being in over 80 countries, Purever utilizes cutting-edge technology to produce modular cold rooms, insulating panels, and isothermal doors that meet the stringent requirements of critical environments with maximum energy efficiency. Its robust portfolio of brands, including Dagard, Coldkit, Taver, Portiso, Purever Insulation, and Misa, reflects a steadfast commitment to innovation and quality.
Dedicated to sustainability, Purever continually invests in research and development while maintaining international certifications and adopting practices that reduce food waste and lower operational costs for its clients.
Purever is a leading company in the design and manufacture of premium insulation solutions for refrigeration systems, serving sectors such as food, pharmaceuticals, healthcare, and industrial applications. With a strong international presence, delivering products that safeguard health and well-being in over 80 countries, Purever utilizes cutting-edge technology to produce modular cold rooms, insulating panels, and isothermal doors that meet the stringent requirements of critical environments with maximum energy efficiency. Its robust portfolio of brands, including Dagard, Coldkit, Taver, Portiso, Purever Insulation, and Misa, reflects a steadfast commitment to innovation and quality.
Dedicated to sustainability, Purever continually invests in research and development while maintaining international certifications and adopting practices that reduce food waste and lower operational costs for its clients.
With over 27 years of history, Bolseira is a dynamic company focused on manufacturing kraft paper packaging for bakeries, pharmacies, and other retail segments. The company combines tradition and innovation by investing in modern technology to ensure the high quality and safety of its products. With a strong presence in both national and international markets, exporting around 80% of its production, Bolseira consolidates its position as a benchmark in the paper packaging sector.
Focusing on sustainability, Bolseira adopts eco-efficient practices and holds certifications such as FSC and PEFC, ensuring responsible production that minimizes environmental impact and promotes a circular economy. Its efficient manufacturing processes enable product customization tailored to clients’ specific needs, strengthening strategic partnerships and enhancing market competitiveness. This innovative and responsible approach drives the company’s expansion and consolidation in the Iberian market.
With over 27 years of history, Bolseira is a dynamic company focused on manufacturing kraft paper packaging for bakeries, pharmacies, and other retail segments. The company combines tradition and innovation by investing in modern technology to ensure the high quality and safety of its products. With a strong presence in both national and international markets, exporting around 80% of its production, Bolseira consolidates its position as a benchmark in the paper packaging sector.
Focusing on sustainability, Bolseira adopts eco-efficient practices and holds certifications such as FSC and PEFC, ensuring responsible production that minimizes environmental impact and promotes a circular economy. Its efficient manufacturing processes enable product customization tailored to clients’ specific needs, strengthening strategic partnerships and enhancing market competitiveness. This innovative and responsible approach drives the company’s expansion and consolidation in the Iberian market.
Founded in 1981 and based in Trofa, northern Portugal, continuously invests in innovation and qualitative development. Specializing in the production of flexible plastic packaging—including films, FFS tubes, sleeves, and especially plastic bags—the company uses advanced extrusion, printing, and lamination processes to offer durable and customizable products. With an industrial area of approximately 20,000 m² and state-of-the-art equipment, Plastrofa ensures solutions that meet strict standards of quality and sustainability.
Committed to reducing its environmental impact, Plastrofa continually invests in digitalization and operational certification, elevating its excellence on both national and international markets.
Founded in 1981 and based in Trofa, northern Portugal, continuously invests in innovation and qualitative development. Specializing in the production of flexible plastic packaging—including films, FFS tubes, sleeves, and especially plastic bags—the company uses advanced extrusion, printing, and lamination processes to offer durable and customizable products. With an industrial area of approximately 20,000 m² and state-of-the-art equipment, Plastrofa ensures solutions that meet strict standards of quality and sustainability.
Committed to reducing its environmental impact, Plastrofa continually invests in digitalization and operational certification, elevating its excellence on both national and international markets.
Rua Cova da Moura nº 2, 1º andar
1350-118 Lisboa
CoRe Capital is a private equity management company with a clear ambition: to contribute to the success of the Portuguese economy.