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GA_P advises Siemens Gamesa on the sale of its power electronics business to ABB

18 of December, 2024

Gómez-Acebo & Pombo has advised Siemens Gamesa on the sale of its power electronics business to the Swiss listed multinational ABB.

The deal includes the transfer of about 400 employees, two manufacturing plants located in Spain, as well as additional assets in the US, China, India and Australia.

With this transaction, Siemens Gamesa continues to pursue its strategy of focusing on its core business, reinforcing its leading position worldwide. The transaction is subject to the corresponding regulatory approvals, among others.

The team was composed of Álvaro Mateo, Clara Rivero, Inés López, Patricia Pérez, and Marta del Toro, partners and associates of the Corporate team; Juan Ignacio Romero, Public and Regulatory counsel; Miguel Troncoso, Competition and EU Law partner, Borja González and Jesús Tallos, Employment counsel and associate, and Luis Cuesta, Tax associate.

Lawyer mentioned

Álvaro Mateo Sixto – Partner

Clara Rivero – Senior associate

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Deal

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Corporate and M&A

Public Law and Regulated Sectors

Competition and EU Law

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Tax

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Sandra Cuesta

Director of Business Development, Marketing and Communications

scuesta@ga-p.com

Madrid, (+34) 91 582 91 00

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