Basque investor consortium led by CEO Ángel Jareño completes the acquisition of Grupo Uvesco — Inveready

Irun, February 4, 2026

A Basque investor consortium led by CEO Ángel Jareño, and including the founding families, Stellum Capital, Inveready and Indar Kartera (Kutxabank’s investment vehicle), has completed the acquisition of Grupo Uvesco from PAI Partners. The transaction, one of the most significant in Spain’s food retail sector, marks the beginning of a new growth phase for the group, which operates 344 stores and employs more than 7,000 professionals under the BM Supermercados and Super Amara brands.