Go back to News
NEWS
GA_P advises Corporación Financiera Alba on the acquisition of a stake in Profand Fishing Holding
13 of September, 2021
Gómez-Acebo & Pombo has advised Corporación Financiera Alba, a company listed on the Continuous Market since 1986 and majority owned by the March Group, on the investment of 100 million euros in Profand Fishing Holding. Alba’s stake in the company will be approximately 23.71% of its share capital, acquired through the purchase and sale of shares and the simultaneous subscription of a capital increase.
Profand is one of the leading companies in the fishing sector in Spain and a world leader in the fishing and marketing of cephalopods, as well as in the sale of fish in protective atmosphere trays. This investment is part of Alba’s strategy of becoming a leading minority shareholder in Spanish and European family-owned companies, listed and unlisted, leaders in their sectors of activity, with the aim of contributing to their long-term development.
The GA_P team was formed by Augusto Piñel, Andrés Castro and Mónica Ojeda, partner, associate and paralegal, respectively, in the Corporate area.
Profand is one of the leading companies in the fishing sector in Spain and a world leader in the fishing and marketing of cephalopods, as well as in the sale of fish in protective atmosphere trays. This investment is part of Alba’s strategy of becoming a leading minority shareholder in Spanish and European family-owned companies, listed and unlisted, leaders in their sectors of activity, with the aim of contributing to their long-term development.
The GA_P team was formed by Augusto Piñel, Andrés Castro and Mónica Ojeda, partner, associate and paralegal, respectively, in the Corporate area.
Autor/s
Augusto Piñel – Partner
Andrés Castro – Senior Associate
Tipology
Deal
Press contact
Sandra Cuesta
Director of Business Development, Marketing and Communications
Sandra Cuesta
Director of Business Development, Marketing and Communications
More information about
Gómez-Acebo & Pombo
PUBLICATION
Mandatory recognition of multiple-vote shares for companies listed on a multilateral trading facility
Directive (EU) 2024/2810 of the European Parliament and of the Council of 23 October 2024 on multiple-vote share structures in companies that seek admission to trading of their shares on a multilateral trading facility will have to be transposed into Spanish law before 5 December 2026
2 days ago
PUBLICATION
Inside Information and Quarterly Financial Statements: CNMV Communication of 13 October 2021
The CNMV notes in this communication that, although there are no closed periods in respect of the voluntary publication by issuers of the quarterly financial report, this report may contain inside information, in which case the Market Abuse Regulation applies
18 Oct, 2021
PUBLICATION
Administrative liability of the members of a listed company’s audit committee for serious errors or inaccuracies in the audited annual accounts
The Supreme Court's judgment of 8 October 2020 confirms the administrative liability of Audit Committee members for the inaccuracy or lack of veracity of consolidated annual accounts that have been externally audited
13 Nov, 2020
PUBLICATION
Current Legislation No. 24
GA_P’s Current Legislation digests seek to provide an overview of the main legal issues of interest to our readers, clients and lawyers in a format that combines three elements: topicality, clarity and quality. Topicality in the information and in the selection of matters discussed; clarity in laying the foregoing in a concise and intelligible manner rather than...
10 Jul, 2018
PUBLICATION
Payment periods disallowed under the Late Commercial Payments Act: inappropriate voidness
We are accustomed to hearing the assertion that a bilaterally agreed clause contravening the statutory rule setting a time limit for commercial payments is void ab initio. But is this case when it is the supplier who has the bargaining power? And, in general, does such an assertion make sense?
05 Jul, 2018