Ergon is a disciplined and discreet value investor, which provides "patient and friendly capital"

Investments

> Date of Investment: July 2011
> Region: Spain
> Sector: Urban Furniture
> Website: www.benito.com
> Sales: €32MM

Headquartered in Vic (Barcelona, Spain), Benito Urban is the largest Spanish supplier of urban furniture and one of the European leaders. Benito Urban operates in Spain, France, Rumania and Mexico with local subsidiaries and in 50 other countries through a structured network of agents and distributors

Benito Urban offers a very extensive product range including c.6,000 SKUs that can be grouped into 4 product families: metal covers and grates; urban furniture (benches, metal bins, fountains, bollards, etc.); lighting and; playgrounds and sports equipment

In July 2011, Ergon acquired a controlling stake from the founder