Pronovias, a new attempt at resurrection

Source Summary

Since Alberto Palatchi Ribera sold Pronovias to BC Capital in 2017 for 550 million euros, the company has not stopped accumulating losses. So much so that it ended up declaring voluntary bankruptcy on May 18. This after passing through more hands: in 2022, after five years of red numbers, it ended up owned by the creditor funds led by Bain (90%) and MV Credit (10%), with whom the company has reached insolvency.