{"id":768,"date":"2020-08-12T14:17:35","date_gmt":"2020-08-12T14:17:35","guid":{"rendered":"https:\/\/corecapital.pt\/?p=768"},"modified":"2023-04-10T12:38:47","modified_gmt":"2023-04-10T12:38:47","slug":"varandas-de-sousa-2","status":"publish","type":"post","link":"https:\/\/corecapital.pt\/en\/2020\/08\/12\/varandas-de-sousa-2\/","title":{"rendered":"Varandas de Sousa ING"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"768\" class=\"elementor elementor-768\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-4078442 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4078442\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3673bf4\" data-id=\"3673bf4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0ceedef elementor-widget elementor-widget-spacer\" data-id=\"0ceedef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45ea4cf elementor-widget elementor-widget-text-editor\" data-id=\"45ea4cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1 style=\"color: #749988;\">Varandas de Sousa<\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8710f79 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8710f79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2c085d elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"b2c085d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img fetchpriority=\"high\" decoding=\"async\" width=\"248\" height=\"248\" src=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SOUSACAMP_azul.jpg\" class=\"attachment-full size-full wp-image-569\" alt=\"SOUSACAMP\" srcset=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SOUSACAMP_azul.jpg 248w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SOUSACAMP_azul-150x150.jpg 150w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SOUSACAMP_azul-230x230.jpg 230w\" sizes=\"(max-width: 248px) 100vw, 248px\" \/><\/figure><div class=\"elementor-image-box-content\"><h6 class=\"elementor-image-box-title\">Company Overview<\/h6><p class=\"elementor-image-box-description\">Sousacamp is the main producer and distributor of fresh mushrooms, with a recurrent market share of over 85% in Portugal and a strong European export footprint,  selling a wide variety of mushrooms (brown, white, portobello, shitake, etc) with the highest quality. Sousacamp benefits from a strong historical base of top-tier clients, which ensures recurrent and predictable revenue streams, operating a fully integrated business model which leads to resilient and high margins. Founded in 1989, the company operates three production units in the north of Portugal (Vila Flor, Vila Real and Paredes).\n<br><br><b>Investment Year:<\/b> 2020<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4e45db elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b4e45db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b0c351 elementor-widget elementor-widget-text-editor\" data-id=\"8b0c351\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p1\"><span class=\"s1\"><b>Sector<\/b><\/span><\/p><p class=\"p1\">Agro industry, fresh mushroom production.<\/p><p class=\"p1\"><b>Investment Rationale<\/b><\/p><p class=\"p1\">With an 85% market share, and holding a dominant position in the Portuguese market (and as such considered as a price setter), the company is significantly undermanaged, with below average production per sqm, high loss rate and expensive integrated logistics, leaving room for operational improvements CoRe identified the opportunity to easily and rapidly implement measures to enhance productivity and capture market growth. CoRe owns a 90% equity control, giving 10% to its co investor Sugal (main European producer of tomato paste and will inject up to \u20ac7.5 million of new money.<\/p><p class=\"p1\"><b>Site<\/b><\/p><p class=\"p2\"><span class=\"s1\"><a href=\"http:\/\/www.sousacamp.com\/wp\/\">http:\/\/www.sousacamp.com\/wp\/<\/a><\/span><\/p><p class=\"p1\"><b>Transaction<\/b><\/p><p class=\"p4\">Restructuring<\/p><p class=\"p1\"><b>Fund Equity Stake<\/b><\/p><p class=\"p4\">90%<\/p><p class=\"p1\"><b>Co Investor<\/b><\/p><p><img decoding=\"async\" class=\"alignnone size-full wp-image-533\" src=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SUGAL-GROUP-LOW.jpg\" alt=\"Grupo SUGAL\" width=\"250\" height=\"99\" srcset=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SUGAL-GROUP-LOW.jpg 250w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/LOGO_SUGAL-GROUP-LOW-230x91.jpg 230w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/><\/p><p>\u00a0<\/p><p><img decoding=\"async\" class=\"alignnone size-full wp-image-534\" src=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos.jpg\" alt=\"Sousacamp\" width=\"1805\" height=\"850\" srcset=\"https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos.jpg 1805w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-300x141.jpg 300w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-768x362.jpg 768w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-1024x482.jpg 1024w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-830x391.jpg 830w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-230x108.jpg 230w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-350x165.jpg 350w, https:\/\/corecapital.pt\/wp-content\/uploads\/2020\/08\/cogumelos-800x377.jpg 800w\" sizes=\"(max-width: 1805px) 100vw, 1805px\" \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Varandas de Sousa Company Overview Sousacamp is the main producer and distributor of fresh mushrooms, with a recurrent market share of over 85% in Portugal and a strong European export footprint, selling a wide variety of mushrooms (brown, white, portobello, shitake, etc) with the highest quality. Sousacamp benefits from a strong historical base of top-tier [&hellip;]<\/p>","protected":false},"author":1,"featured_media":711,"comment_status":"open","ping_status":"open","sticky":false,"template":"post-templates\/post_full.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"class_list":["post-768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fund-core-restart-i"],"acf":[],"_links":{"self":[{"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/posts\/768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/comments?post=768"}],"version-history":[{"count":5,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/posts\/768\/revisions"}],"predecessor-version":[{"id":773,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/posts\/768\/revisions\/773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/media\/711"}],"wp:attachment":[{"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/media?parent=768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/categories?post=768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corecapital.pt\/en\/wp-json\/wp\/v2\/tags?post=768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}