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Wednesday, April 17, 2024

Deloitte, Augusta advise on Nissan reindustrialisation in Barcelona

Deloitte Legal has advised Btech on the project for the reindustrialisation of Nissan's facilities, in which it is participating together with QEV, represented by Augusta Abogados, with a decarbonisation HUB (D-Hub)

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The deadline to submit bids for the reindustrialisation of Nissan in the Zona Franca closed on Monday with only one candidate, the decarbonisation hub (D-Hub) led by QEV and Btech, with logistics operator Goodman in the lead.

The Consorci de la Zona Franca de Barcelona, owner of the land on which the facilities occupied by Nissan until 31 December last year are located, had intended to close the bidding process in the summer, but different circumstances forced it to extend the deadline up to three times. Finally, the D-Hub has formalised its proposal and remains the only bid for the land. Other initiatives have fallen by the wayside, such as that of China’s Great Wall Motors (GWM). China’s Chery had also shown interest, but was discarded when the deadline was reached.

With a single bid, the final phase for the award of the tender for the reindustrialisation of the Zona Franca de Barcelona has begun. The contracting board is expected to meet again on 4 and 17 November to advance other phases of the opening of envelopes, before publishing a final resolution from those dates.

Deloitte Legal advised Btech on this deal with an M&A team comprising partners Ignacio Sanjurjo and Agustín del Río, senior associate Carmen Muelas and associate Tamara Gutiérrez, as well a Deloitte Financial Advisory team formed by Marc Saenger and Jesús Meliá.

From left to right, starting from the top: Alicia Herrador, Sergi Giménez, Juan José Hita and Juan José Terraza

Augusta Abogados advised QEV Technologies on the acquisition of Nissan’s assets in Barcelona with a Commercial, Labour and Tax team made up of Commercial partners Alicia Herrador and Sergi Giménez, Labour partner Juan José Hita, Tax partner Juan José Terraza, together with director Felipe Pineda, senior lawyer Elena Barros and lawyer Claudia Rouras.

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