GA_P advises Intrum on the acquisition of Haya Real Estate

Gómez-Acebo & Pombo has advised Intrum on the acquisition of the Spanish asset management platform Haya Real Estate from Cerberus for ¤140 million.

This transaction expands Intrum’s strong franchise in Spain, one of its core markets and second most profitable country, addresses one of its strategic priorities set out for 2023 “Grow and Transform” and accelerates its commercial development while strengthening the business of providing secured lending and asset management services to key clients.

The closing of the transaction will be completed in the third quarter subject to the approval of the National Markets and Competition Commission in Spain and the formal cancellation of the existing guarantees on the company’s shares and assets.

This transaction confirms the leadership of Gómez-Acebo & Pombo’s team in the management and sale of non-performing assets (NPEs) in Spain.

Augusto Piñel, Valentina Rodríguez, Sergio Gómez and Miren Ibáñez, partner, of counsel and associates of Mercantil respectively, have advised on the transaction.

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