Acuarela

Spanish independent music label founded on 1993 by poet and translator Victor Lenore and José Luis Villalobos.
When the label started they collaborated with and were assisted by Elefant Records.
For publishing rights use Ediciones Acuarela, S.L., company created on march 2000.
Since 2010 the official company behind the label is Acuarela Producciones S.L.

Referred to as Acuarela Discos for licensing once (likely because of their web domain).