Elche group strengthens Alzis investment company valectra global, owns significant shares in companies such as travel wholesalers CDV Group, tech company Orizon, pet store chain miscotaor special rocket launcher PLD Area. As published in the Trade Registry Official Bulletin this Tuesday, the company 12 million capital increase This was added to the 25 million euros initially provided for the vehicle when it was installed in 2021.
According to the company, the goal of this money will basically be to carry out a job. New contributions that will accelerate the growth of projects Participating in the company, especially air and hotel consolidator CDVOne of the group’s business lines more growth According to Alzis, he is “very close to leadership positions” in his industry.
In this sense, it is worth remembering that according to the latest consolidated accounts of the Elche holding company for 2022, CDV has already made a contribution. more than half of the turnover Of the total 112.3 million Euros, 69.8 million Euros are in the hands of the holding company. Moreover, according to the same sources, this figure would have increased by approximately 60% last year.
In addition to strengthening these operating assets, Valectra Global used the new capital injection to: Increasing investments in funds with a risk capital structure by 15%.
12 million capital increase, 56% has already been paid, the remaining 44% will remain suspended for the next three years.
diversify
Origin of Alzis, which belongs to the Coves family butane distributionThe activity, which its founder Vicente Coves started in 1961, later expanded to the following sectors: Real estate And structureand also entered the gaming business, owning many casinos Bingo.
In recent years, group owners have continued to invest in new areas. In 2021 they decided to create Valectra Global directing these new investments through a regulated vehicle. The initial capital expenditure was 25 million and now another 12 million has been added to it.
Among his most notable investments is a technology company. orizonA platform that develops a platform that allows improving the performance of large computer systems and works for leading Spanish banks and insurance companies. He is also one of the shareholders. PLDfirst Spanish company to launch a rocket into space; or from a pet store chain miscota. It also has a majority position in travel wholesale. CDVDirected by Juanfran Trasmonte.