TRANSACTIONS

More than 40 executed transactions in multiple sectors

Celsa Group restructuring
Celsa Group restructuring

Exclusive financial advisor to Celsa Group in the restructuring of the Spanish subsidiary’s debt, which amounted €2,673 MM.

 

The agreement implies a substantial reduction of Celsa’s debt, avoiding any debt release for creditors or a specific divestment plan for the company. Celsa Group, with more than €3,300 MM in sales, is the largest manufacturer of long steel products in Spain.


2017 November




Alticom B.V. Acquisition
Alticom B.V. Acquisition

Sole advisor to Cellnex Telecom in the acquisition of Alticom, a Netherlands-based telecoms infrastructure operator, for a total consideration of €133 MM.

 

Through the agreement reached with the seller (Infracapital Partners), Cellnex adds 30 long-range, high-capacity telecommunications towers and sites throughout the Netherlands, consolidating its leading position among independent telecommunications infrastructure operators in the Netherlands.

 

 


2017 September




Merger of Rio Tinto and Martinavarro to create Citri&Co
Merger of Rio Tinto and Martinavarro to create Citri&Co

Sole advisor to Garavilla family and the management team of Rio Tinto in the merger with Martinavarro to create Citri&Co group.

 

Rio Tinto is the leading company in the production and marketing of the ecologic citrus fruits, and its merger with Martinavarro will allow to create the largest citrus provider in Europe with around 500,000 processed tons, 6 processing plants, more than 8,000 production hectares and annual turnover of €325MM.


2017 July




Swiss Towers AG Acquisition
Swiss Towers AG Acquisition

Advisor to Cellnex Telecom in the acquisition of Swiss Towers AG, in consortium with Deutsche Telekom Capital Partners (DTCP) and Swiss Life Asset Managers, for a total consideration of €430 MM.

 

Through the reached agreement with Sunrise Communications, Cellnex Telecom will incorporate 2,239 sites managed by the group, further strengthening its position in Europe and becoming the first independent telecom tower operator to enter Switzerland.


2017 May




Sale of Vitalia to CVC Capital Partners
Sale of Vitalia to CVC Capital Partners

Sole advisor to Portobello Capital in the sale of the majority stake of Vitalia to CVC Capital Partners.

 

Vitalia is one of the main groups of elderly residence homes in Spain. The entry of CVC in the capital of Vitalia has helped to boost the business plan of the management team, with the purpose to be positioned as a benchmark within the sector.

 


2017 March




Agreement with Bouygues Telecom
Agreement with Bouygues Telecom

Advisor to Cellnex Telecom to reach an agreement with Bouygues Telecom through which Cellnex France will add up to 3,000 mostly urban sites to its current portfolio for a total consideration of €854 million.

 

The transaction is structured in two projects:

– Acquisition of up to 1,800 sites for a total consideration of €500 million, which will be gradually incorporated over the next 2 years.

– Building of up to 1,200 new towers for a total consideration of up to €354 million, be incorporated and operated by Cellnex France as they come on stream during a 5-year period.

 

With this transaction, Cellnex strengthens its position in France by becoming the second largest independent telecom tower operator.

 


2017 February




Acquisition of Cemex pumping assets in Mexico
Acquisition of Cemex pumping assets in Mexico

Sole advisor to Nexxus Capital and MCH Private equity in the acquisition of Cemex pumping assets in Mexico.

 

The transaction, structured as a carve out of the business unit, has counted with support of the Pumping executive team (ex Gebomsa) to lead the project. The new company has been constituted as the main pumping operator in Mexico, with aspiration to follow expanding its business in Latin America.


2016 December




Acquisition of Shere Group
Acquisition of Shere Group

Sole advisor to Cellnex Telecom in the acquisition of 100% share capital of Shere Group for a total consideration of €393 million of euros.

 

The reached agreement with the British fund Arcus Infrastructure Partners will contribute 1,004 mobile telephony sites to Cellnex Telecom. With this transaction Cellnex Telecom consolidates its presence in Holland and incorporates assets in the UK.

 


2016 October




Sale of Saba Parques Logísticos to Merlin Properties
Sale of Saba Parques Logísticos to Merlin Properties

Sole adviser to Saba Infraestructuras in the sale of its logistics division Saba Parques Logísticos (“SPL”) to Merlin Properties for a total consideration of €115 million.

 

With c.375,000 m2 of gross leasable area, SPL is positioned as a reference player in the Spanish logistics sector. The company owns the assets of CIM Vallès (Barcelona) and Lisboa Norte, as well as majority stakes in Parc Logístic de la Zona Franca (Barcelona) and Sevisur (ZAL Puerto de Sevilla) and a minority stake in Arasur (Álava).

 

 


2016 October




Sale of 20% of Gas Natural to Global Infrastructure Partners (GIP)
Sale of 20% of Gas Natural to Global Infrastructure Partners (GIP)

Sole advisor to Repsol and Criteria in the sale of a combined 20% stake in Gas Natural to Global Infrastructure Partners (GIP) for a total consideration of €3,802 MM.

 

As a consequence of this deal, Criteria and Repsol have agreed to bring to an end their concerted action accord with regard to Gas Natural. As part of the sale agreement, CriteriaCaixa, Repsol and GIP have also undertaken a number of commitments with regard to the corporate governance of Gas Natural, relating to the composition of the Board of Directors and its Committees.

 

 

 


2016 September