Gordon Brothers to Sell Machinery & Equipment Formerly Used by José Sánchez Peñate

Madrid, Feb. 02, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm, is offering for immediate sale by private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to the Spanish food products manufacturer and distributor José Sánchez Peñate.

José Sánchez Peñate primarily produced dairy products from two plants in Tenerife, Spain and manufactured and supplied coffee and bakery products from two plants in Gran Canaria. The complete plant and available machinery equipment are as follows:

  • Milk plant, including preparation, mixing, sterilization, cooling, packaging and palletizing systems.
  • Yoghurt plant, including raw material reception, pasteurization of milk, mixing station, pasteurization of yoghurt, addition of starter, fermentation, packaging, palletizing, cooling and storage.
  • Coffee plant, including raw materials reception, recipe preparation, roasting, milling, packing of coffee beans for restaurants or ground coffee, packaging, palletizing and storage.
  • Bakery plant, including raw materials reception, kneading machines, forming machines, cutting and boarding, fermentation area, baking and cooling, packaging and palletizing.

“This unprecedented food manufacturing plant sale is already generating global interest and is an amazing opportunity to acquire machinery and equipment worth millions of euros,” said Duncan Ainscough, Managing Director, Commercial & Industrial at Gordon Brothers. “With over €95 billion of assets appraised and disposed in the food and beverage industry, we are a trusted partner with a deep understanding of this sector and a strong history in maximizing asset value for companies in Spain and throughout Europe.”

The machinery and equipment is installed and inspections are available by appointment only. To view the full list of available assets, visit Gordon Brothers’ website: www.gordonbrothers.com/JSP.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

GlobeNewswire Distribution ID 8741910

West and Central Africa: Weekly Regional Humanitarian Snapshot (24 – 30 January 2023)

CENTRAL AFRICAN REPUBLIC

AN EXPLOSIVE DEVICE KILLS ONE CIVILIAN IN THE EAST

On 23 January, an explosive device was discovered behind the Beloko customs offices in the west and destroyed by the Central African Armed Forces (FACA) without causing any casualty. Before that, on 21 January, a non-state armed group had attacked Beloko Customs Office, reportedly killing a civilian. Consequently, all UN movements in the nearby Baboua-Beloko axis had been suspended. Since the beginning of the year, attacks on FACA positions have become recurrent in the western Nana Mambere Prefecture temporarily causing people’s movement.

CHAD

OVER 1.5 MILLION MIGHT BE ACUTELY FOOD INSECURE IN THE 2023 LEAN SEASON

According to the November 2022 figures of the Cadre Harmonisé – a tool for analysis of acute food and nutrition insecurity in the Sahel and west Africa – over 800,000 people are in phases 3 and above of acute food insecurity in Chad. The analysis projects that over 1.5 million people will be in phases 3 and above in the June-September 2023 lean season, an increase of over 700,000 people from the year before. Also, the level of Global Acute Malnutrition (GAM) [for children] in the country decreased from 10.9 per cent in 2021 to 8.6 per cent in 2022. Nevertheless, important disparities exist between provinces, with 2.6 per cent GAM prevalence in the southern Logone Oriental province and 17.7 per cent in northern Wadi Fira province. Also, the provinces of Wadi Fira, Borkou, in the centre, and Ennedi, in the east, recorded a prevalence above the emergency threshold of 15 per cent.

NIGERIA/CAMEROON

CAMEROON, NIGERIA AND AID ORGANIZATIONS COLLABORATE TO REPATRIATE REFUGEES

On 20 and 24 January, the Governments of Cameroon and Nigeria, together with humanitarian organisations facilitated the voluntary repatriation of 1,310 Nigerian refugees from Maroua, in the far north region of Cameroon, to Borno State in the northeast of Nigeria. The returnees have received food, non-food and livelihood assistance from the Cameroonian government and humanitarian organizations. The last return operation to Nigeria took place in November 2021.

MALI

HUMANITARIAN AID FOR INTERNALLY DISPLACED PERSONS IN GAO CITY

The Central Emergency Response Fund (CERF) has released $750,000 (€697,474) to anticipate on cholera outbreaks in the country. This funding will enable UNICEF, WHO and their partners to provide life-saving assistance to more than 150,000 people as part of a comprehensive strategy to prevent larger outbreaks. In 2022, DRC reported 18,507 cholera cases and 296 deaths nationwide. Interventions under this funding will focus on the most affected areas of North and South Kivu. The CERF funding is part of a two-year pilot initiative.

Source: UN Office for the Coordination of Humanitarian Affairs

Africa: 36.1 million people affected by drought in IGAD region

MOMBASA (Kenya)— About 36.1 million people in the IGAD region have been affected by the current drought situation and are facing heightened levels of food insecurity.

The drought is also said to have wiped out an estimated 4.2 million head of livestock, shattering the livelihoods of entire pastoralist communities and crippling them economically across the region.

This has been described as a devastating challenge to the continent given that the region hosts almost 50 per cent of the livestock in sub-saharan Africa and livestock accounts for almost 15 percent of the region’s GDP.

In response to these extreme weather challenges, the Intergovernmental Authority on Development (IGAD) has proposed to undertake a number of proactive measures beginning with convening a regional climate outlook forum to be held on Feb 20.

“This forum will be part of our continuing effort to remain the most climate-aware region on the continent and enhance the ability of our member states to collect and process data for disaster forecasting, in order to reduce the gap between early warning and early action,” said IGAD Executive Secretary, Workneh Gebeyehu after delivering the 3rd state of the IGAD region address.

“Already we have noted some evidence of the success of this approach. In 2021 and 2022, we noted with some satisfaction that our initiative to ‘take the data to the people’ raised the warning in good time,” Gebeyehu said.

He described 2020 and 2021 as the most challenging years in the history of IGAD, saying the period was one of the hottest, driest and most conflict-affected periods in recent memory.

He added that the drought situation and the food security challenge has been one of the most devastating non-conflict issues affecting the region, having a great impact on peace and security and stability.

Going to 2023, the regions’ climate outlook still looks worrisome as climate scientist have issued an early warning that this year could be even warmer because the la Nina climate phenomenon which was cooling global temperatures is coming to an end.

It will most likely be replaced with the El nino phenomenon which is projected to raise temperatures worldwide.

“The good news for our region from this projection is that the likelihood of a 6th consecutive season of failed rains is reduced”

“But the bad news is that it is possible that our region could rapidly change from severe drought to severe floods as the ones we had in 1996, 2016 and most recently 2019,” he said.

The prolonged drought also triggered large scale population displacement with close to two million people becoming internally displaced and increasing the refugee burden in the region.

Close to 40,000 people are said to have sought asylum from hunger in neighbouring countries in 2022.

The IGAD executive secretary also mentioned that the Russia-Ukraine war had a massive effect on the regional economy inflating food prices, fertilizer and fuel prices in the region.

It is estimated that food prices went up by 55.6 per cent, compelling the neediest people in the region to spend almost 90 per cent of their income on food alone.

To address this, Igad has proposed to review its Food Security and Nutrition Response Strategy and align it with current realities.

“As part of this initiative, we shall be investing heavily in food security data. A starting point will be a region-wide census of livestock in order to have a clear picture of the situation after the drought,” Gebeheyu said.

He added that as part of ongoing efforst to support climate change adaptation and mitigation, Igad will this year be supporting member states to access climate financing under the Green Climate Fund founded by the 2015 Paris Agreement as well as the Loss and Damage Fund established by a resolution of COP27 in 2022.

On the issue of regional integration, Gebeheyu said that it remains the core mandate of the bloc adding that the region has incredible integration potential waiting to be unlocked

According to the Africa Regional Integration Index, the region is approximately 50 per cent integrated.

He said that the bloc was committed as a regional economic community of the African Union to deliver on the tremendous potential that the Continental Free Trade Area holds for the region.

“On trade, we have also made significant progress to lower tariff and non-tariff barriers including the Igad protocols on free movement and transhumance as well as establishment of one-stop border posts,” he said.

The regional bloc also unveiled the Igad Council of eminent persons who were selected to push for peace and integration within the region.

Twelve prominent personalities were conferred to be members of the council after being approved by their member states.

They include Olympic marathon runner Paul Tergat, Major General (Rtd) John Selli the chairman of Kenya Council of Elders and former female marathon runner Catherine Ndereba from Kenya.

Others were Olympic Gold medalist Haile Gabresilassie, Deratu Tulu and Prof. Ahmed Zakira, a renowned scholar from Ethiopia. From Somalia the list included Ugas Ali Ugas, a respected cal elder and Prof. Idil Osman, a Professor of communication and regional peace advocate.

Ambassador Deng’ Alier Deng’ Ruai and reverend Dr. Gabriel Gai Riam from South Sudan, former Djibouti minister of health Kassim Issak Osman and his counterpart Aicha Mohamed Robleh were also conferred with the honors to be part of the council.

Source: NAM NEWS NETWORK