spot_img
Saturday, April 13, 2024

GA_P advises Pedrollo on majority acquisition of Bombas Saci

Gómez-Acebo & Pombo has advised world renowned Italian electric pump company Pedrollo Group on its acquisition of a majority stake in Spain´s Bombas Saci

-

Italy´s Pedrollo Group announced the acquisition of a majority stake in Bombas Saci, a Spanish company based in Barcelona (Granollers), specialised in the design, manufacture and distribution of swimming pool pumps.

With this deal, Pedrollo Group expands its portfolio of swimming pool pumps and strengthens its presence in the Spanish market enhancing growth opportunities for both companies.

Saci Pumps’ revenues are projected to total some €27 million in 2022. When combined with the Group’s strong organic growth (over 10% compared to 2021), Pedrollo is on the path to achieving turnover over €420 million with over 3 million electric pumps sold.

The acquisition will strengthen Pedrollo Group’s penetration in the Iberian market and significantly expand the range of pool pumps offered to customers worldwide. The acquisition of the Spanish company confirms the strategy adopted by Pedrollo to strengthen its direct presence in important global markets and to implement intra-group synergies. 

Pedrollo Group was advised by Gómez-Acebo & Pombo with a team led by Madrid office Corporate M&A partner Rubén Ferrer, along with lawyer Javier Reina.

Other advisors to Pedrollo included TLA Advisory and K&L Gates with partners Simone Pasetto and Arturo Meglio respectively.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Deloitte Legal advises Saoyama on the sale of Aldiana Fuerteventura

The hotel division Der Touristik of the German food company Rewe acquires the Aldiana Club Ampflwang in Jandía (Fuerteventura), in one of the most...

Multi-firm advice on the €110m acquisition of Intermas Group by Abac Capital

Private equity fund Abac Sustainable Value II FCR “Abac” has completed the acquisition of Intermas Group. Abac, a fund specialised in sustainable value investments...

Linklaters advises IVIRMA on its €3bn sale to KKR

The US fund has signed the acquisition of the Spanish company, a world leader in infertility treatments, eleven months after the transaction was announced,...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: