Mergers & Acquisitions
CDI Global Iberia Advises Top Global Shareholders on Sale to Sweden's HL Display
By News Desk ·
Key takeaways
- CDI Global Iberia acted as exclusive financial advisor to Top Global's shareholders on the sale to HL Display.
- Top Global, founded in 2001 and based in Madrid, provides visual communication, printing and installation services in Spain.
- HL Display gains local production, printing and installation capabilities in Spain and a network spanning more than 70 countries.
CDI Global Iberia advised the shareholders of Top Global on the company's sale to HL Display, a Swedish publicly listed in-store merchandising group, PRLog reported on November 12, 2026. The price was not disclosed. Top Global is a Madrid-based provider of visual communication, printing and installation services for retailers and brands across Spain, founded in 2001.
How the Top Global Sale Was Structured
CDI Global Iberia served as exclusive financial advisor to Top Global's shareholders for the whole transaction. Its mandate covered company valuation, negotiation of the Letter of Intent, coordination of due diligence, negotiation of the Sale and Purchase Agreement and support through closing. Rivero Gustafson Abogados acted as legal advisor to Top Global.
HL Display is a Swedish publicly listed group and a global leader in in-store merchandising and visual communication solutions. The acquisition adds local production, printing and installation capabilities to its international platform and strengthens its position in the Spanish market. Top Global joins an HL Display network with a presence in more than 70 countries.
"Joining HL gives us access to a wider network and complementary capabilities and together, we can offer our customers an even stronger and more complete solution," said Jacinto Mora, CEO of Top Global.
CDI Global's Cross-Border Deal Record
CDI Global is a privately held M&A advisory firm founded in 1990 that provides cross-border corporate finance, deal sourcing and divestiture advisory services primarily to middle-market companies, according to akta.pro company records. The same records list a 2024 partnership in which CDI Global Italy acted as financial advisor to PNP group on its acquisition of Italian gelato ingredients supplier Gel.Bi, supporting cross-border expansion in food and beverage.
Earlier CDI Global Advisory Mandates
On November 11, 2026, PRLog reported that CDI Global advised on the sale of Dunbier Marine Products and Mackay Multi Link to Australian private investment firm 2nd Summit Capital; the two boat trailer brands were founded in 1969 and acquired in 2015. On September 16, 2026, FinancialContent Business Page reported that CDI Global Sweden advised Online Brands on its acquisition of Swedish underwear brand Frank Dandy, a deal expected to bring pro forma revenue of SEK 637 million and EBITA of SEK 42.3 million. On July 9, 2026, FinancialContent Business Page reported that CDI Global Iberia advised the Thiebaut family on a strategic partnership between Cobiosa and Sparkfood, the ingredients platform of the Sonae Group, announced on July 8, 2026.