N40 Capital's initial step in establishing itself in the Spanish business investment landscape was the complete acquisition of Mabesal, a prominent company in the manufacturing and sale of poplar plywood.

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Following last year's acquisition, measures such as factory review and modernization, investment in new machinery, and the hiring of highly skilled personnel were implemented. The factory, which was facing significant difficulties, has transitioned from operating only a few days a month and being in losses to substantially increasing production capacity and presenting very optimistic figures. Despite receiving a purchase offer, it was declined, as the group's focus is on maintaining acquired assets for the long term