GA_P advises Andritz on the acquisition of the Salico Group
Gómez-Acebo & Pombo has advised the Austrian listed company Andritz AG on its acquisition of the Salico Group, a company specialized in the design and manufacture of finishing equipment for flat metal strips, with operations in Italy, Spain, the United Kingdom, the United States, and India
The agreement signed by Andritz, which has annual revenues of over €8 billion, strengthens its strategy to expand its global presence and enhance its technology portfolio in the downstream segment, which is key for industries such as steel and aluminum. The transaction is expected to close in the coming weeks.
The GA_P team was led by Mónica Weimann, partner in the Corporate/M&A team, together with Cristina Sánchez Weickgenannt and Guillermo Menéndez Herrero, associates. They were supported, among others, by Delia Castaños, Iratze Arrigain García, Paula García Cuevas, and Andrea González-Novo, associates from the Labour, Intellectual Property, Public Law, and Banking & Finance teams, respectively.
Monica Weimann – Partner
Cristina Sánchez Weickgenannt – Senior associate
Delia Castaños – Senior associate
Paula García – Associate
Deal
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