spot_img
Wednesday, February 21, 2024

Deloitte Legal counsels COFIDES on Egile Group €10.4m financing

Deloitte Legal has advised Compañía Española de Financiación del Desarrollo, S.A., S.M.E. (COFIDES) on the provision of external support services to the recapitalisation fund for companies affected by COVID-19 in relation to the request for financing by the company Egile Mechanics, S.L. for an amount of €10,400,000

-

The central government has approved this Thursday four new financing operations for viable and strategic companies affected by Covid 19, for a total amount of €54 million, being one of the companies which have received this injection the Egile Group, a major player in the aerospace sector, which will receive soft financing amounting to 10.4 million euros; money that, explained its chairman, Alfonso Urzainki, will serve to “consolidate the strategic plan” of the Mendaro-based firm.

Egile Mechanics, based in Mendaro, has more than 30 years of history and a workforce of 228 workers. Specialising in high-precision mechanics, it divides its activity into 5 business units mainly focused on the aeronautical sector and complete easy-open systems for metal containers in the food and beverage sector. Within the aeronautical sector, it designs and manufactures complex or critical products to the highest aeronautical quality standards.

This transaction has been advised by the Corporate M&A team of Deloitte Legal (composed of partner José María Elías de Tejada, senior associate Marina Silva, lawyers Selene Corral, and Alberto Castilla), the Tax team (composed of partner José María Gómez Rosende and senior manager Sergio Ramirez Soto), the Competition and EU Law team (composed of director Rafael Piqueras and Mercedes Segoviano) and the Labour team (composed of Global Employment Law & Benefits Leader Fernando Bazán and associate Ricardo Gil).

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

KWM guides Moira Capital´s €10m investment in IEQSY

Moira Capital Partners has closed the year with its 14th investment. IEQSY is a Spanish company specialising in the design and manufacture of systems...

BM counsels Merkel Asset Management on student residence financing

Baker McKenzie's Real Estate team has advised Merkel Asset Management on the financing for the construction of a new student residence in Sabadell, Barcelona,...

BM assists AEW with two retail parks acquisition

AEW has been advised by Baker McKenzie on the acquisition of two prime retail parks in Spain: Rivas Futura, one of the largest prime...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: