PORTFOLIO
Through the productive application of capital, promoting operational efficiency optimization processes, international expansion and consolidation of the Portuguese processes are promoted to optimize operational efficiency, and international expansion and consolidation of the Portuguese SME’sbusiness fabric are achieved.
Electrofer Group
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.
www.electrofer.pt
Investment Year
2019 - 2023
Fund
Restart I
Location
Marinha Grande, Leiria
Sector
Metal Mechanics and surface treatment
Type of transaction
Restructuring / Growth
Percentage owned
60%
Jayme da Costa
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.
www.jaymedacosta.pt
Investment Year
2019 - 2023
Fund
Restart I
Location
Grijó, Vila Nova de Gaia
Sector
Renewable energies and low and medium voltage switchgear
Type of transaction
Restructuring
Percentage owned
44%
Cuga
A Cuga dedica-se à produção, comercialização e distribuição de cogumelos frescos, com uma significativa quota de mercado na grande distribuição e retalho pela qualidade constante da sua produção, beneficiando de uma base de clientes robusta que asseguram receitas recorrentes e estáveis. Fundada em 1989, a companhia tem 3 unidades operacionais e opera num modelo de integração total ao longo da cadeia de valor das suas linhas de produção.
A Cuga tem uma posição dominante no mercado com uma quota nacional recorrente de 85% o que lhe permite beneficiar do estatuto de price setter. A perecibilidade do produto e uma elevada capacidade instalada constituem importantes barreiras de entrada no mercado nacional. Numa situação de insolvência em resultado do excesso de endividamento do grupo, a empresa tinha gestão deficiente com baixos níveis de produtividade, controlo de produção e estrutura logística ineficiente. A CoRe, identificando evidentes oportunidades de melhoria operacional focadas no aumento rápido da produtividade, assegurou uma posição de controlo de 90% de capital, cedendo 10% a coinvestidor do setor: o Grupo Sugal (maior produtor europeu de concentrado de tomate) e investindo €7.5M de dinheiro fresco na empresa.
www.cuga.com
Investment Year
2020
Fund
Restart I
Location
Benlhevai, Vila Flor
Sector
Agro-industry, fresh mushroom production
Type of transaction
Restructuring / Growth
Percentage owned
55%
Palsystem
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.
www.palsystem.com.pt
Investment Year
2023
Fund
Consolida Fund
Location
Mundão, Viseu
Sector
Wooden pallets
Type of transaction
Growth
Percentage owned
60%
Purever
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.
www.purever.com
Investment Year
2024
Fund
Consolida Fund
Location
Nelas, Viseu
Sector
Refrigeration equipment
Type of transaction
Growth
Percentage owned
7%
Bolseira
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.
www.abolseira.com
Investment Year
2024
Fund
Consolida Fund
Location
Fátima, Santarém
Sector
Paper Packaging
Type of transaction
Growth / Consolidation
Percentage owned
51%
Plastrofa
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.
www.plastrofa.pt
Investment Year
2025
Fund
Consolida Fund
Location
Trofa, Porto
Sector
Plastic Packaging
Type of transaction
Growth / Consolidation
Percentage owned
44%