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Thursday, February 22, 2024

Baker McKenzie advises KAMAX on Galol acquisition

Baker McKenzie has advised KAMAX on the acquisition of a majority stake in the Spanish coating company Galol

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KAMAX is a leading global manufacturer of fasteners, particularly in the automotive industry. The parties agreed not to disclose the transaction volume.

Michael Bartosch, Corporate and M&A partner at Baker McKenzie in Munich, commented: “Based on our extensive M&A expertise and our deep knowledge of the automotive industry, we were able to successfully support our client KAMAX in closing this transaction. Galol’s complementary products and capabilities strengthen and expand KAMAX’s portfolio and leading market position.”

With locations in Europe, America and Asia, KAMAX is a supplier to all major manufacturers and suppliers in the passenger car and commercial vehicle industries, as well as a partner for individual solutions for moulded parts for the entire industry.

Galol was founded in 1972. The company is one of the main players in the market for electrolytic and organic coatings of metal parts as well as plastics in Spain. In addition to the mobility industry, the company coats for companies active in the wind power industry.

Baker McKenzie advised KAMAX on all legal issues relating to the transaction and the transaction structure with a cross-border team led by Luis Casals (Corporate and M&A, partner, Madrid), Michael Bartosch (Corporate and M&A, partner, Munich) and Jose Heres (senior associate, Madrid), that included the following Madrid lawyers: Corporate and M&A; partner Ester Navas, of counsel Rosemary Mafuz, counsel Roberto Concha, and associates Elena Piquero and Maria Clavell Labastida; Intellectual Property: partner Maria Dolores Garayalde, associate Ruben Cano; Employment: senior associate Laura De Los Santos and associate Cesar Ponce; Public Law, Infrastructures & Real Estate: associate Marta Gonzalez Iniesta.

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