MADRID - Nov. 12, 2026 - PRLog -- CDI Global Iberia acted as the exclusive financial advisor to the shareholders of Top Global on its sale to HL Display, a Swedish publicly listed group and global leader in in-store merchandising and visual communication solutions.
Headquartered in Madrid, Top Global was founded in 2001 and has established itself as a leading provider of visual communication, printing and installation services for major retailers and brands across Spain. The company has built a strong reputation for quality, reliability and execution, supported by a well-established and professionalized customer base.
The acquisition strengthens HL Display's position in the Spanish market while expanding its local production, printing and installation capabilities. These complementary services further enhance HL Display's in-store value proposition and its ability to deliver integrated solutions to retail customers.
For Top Global, joining HL Display represents an opportunity to become part of an established international platform with a presence in more than 70 countries. Access to HL Display's global network, resources and complementary capabilities will provide a foundation for continued growth and expanded customer offerings.
"Over the years we have built Top Global into a trusted partner for our customers, known for the quality of our design, print and installation work. 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. I am proud of what our team has built, and excited to keep growing together with HL," said Jacinto Mora, CEO of Top Global.
CDI Global Iberia's Advisory Role
CDI Global Iberia acted as the exclusive M&A advisor to Top Global's shareholders throughout the entire transaction process. Its mandate included company valuation, negotiation of the Letter of Intent, coordination of due diligence, negotiation of the Sale and Purchase Agreement (SPA), and support through closing. Rivero Gustafson Abogados acted as legal advisor to Top Global.
The transaction reflects the continued consolidation of the European retail merchandising and visual communication sector, as international groups seek to strengthen their regional presence and expand their service capabilities through strategic acquisitions. By combining HL Display's international reach with Top Global's established local operations, the acquisition creates opportunities to deliver more comprehensive solutions to retailers and multinational brands across the Iberian market and beyond.
CDI Global Iberia would like to thank Top Global's shareholders for their trust throughout the process and congratulate both parties on the successful completion of the transaction.
This transaction further demonstrates CDI Global's expertise in advising on cross-border and domestic M&A transactions, connecting established local businesses with international strategic buyers and creating opportunities for continued growth.
About CDI Global
CDI Global is an international middle-market M&A advisory firm with offices in more than 30 countries. Through its global network of experienced investment banking professionals, CDI Global provides strategic M&A advisory services, connecting businesses, investors and opportunities across international markets. Combining local market knowledge with global reach, CDI Global helps clients navigate complex transactions and achieve their strategic objectives.
For more information, visit www.cdiglobal.com.
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Source: CDI Global
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