Green Arrow Capital, Unigrains Iberia sell Spain’s N-aming to Palacios Alimentacion

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Carlyle Group Inc

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  • Green Arrow Capital agreed to sell Spanish sandwich maker Ñaming to Palacios Alimentación, pending CNMC clearance; closing targeted for Q3 2026.
  • Unigrains Iberia is also exiting its minority stake; Jorge Miranda will reinvest, raise his holding, and remain CEO alongside Palacios.
  • Ñaming’s revenue rose about 50% during the investment period, topping EUR 55 million.
  • The company invested about EUR 10 million to expand production capacity at its Mallén and Algete plants.


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