Benito is the largest Spanish supplier of urban equipment, including for example metal covers and grates, benches, metal bins, fountains, bollards, public lighting and playgrounds.
Our investment thesis was based in acquiring a leading supplier of urban furniture with a comprehensive portfolio and an ample customer base. Throughout Apheon’s tenure, we pursued organic growth and gained meaningful market share in Spain and France, while penetrating new international public and private markets on the back of industry-leading service levels. Finally, we established a “one-stop-shop” approach leveraging on Benito’s large product offering and achieved meaningful operational improvements by re-engineering the supply chain.
Spain
Niche Industrials; Services
Our manifesto: contributing to the development of sustainable finance
To succeed with this strategy, Apheon believes a holistic and collective approach is fundamental.
Holistic: it is essential that all aspects of ESG are equally and continuously supported. This is why we are active at every stage of the investment cycle by applying proprietarily developed methodologies and initiatives which are built on 5 priorities covering the broad ESG spectrum: