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Sunday, May 28, 2023
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Pérez-Llorca advises Minsait on acquisition of Deuser

Pérez-Llorca has advised Minsait, Indra's consulting and information technology subsidiary, on the acquisition of Deuser

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Minsait has announced the signing of a binding agreement to acquire 100% of the share capital of Deuser, one of the most dynamic companies in operations technology (OT) in the field of industrial digitalization. Deuser has a specialized staff of about 100 professionals, serving leading customers in the Food and Beverage, Natural Resources, Automotive and Energy industries. The closing of the deal is expected to take place during the second quarter of 2023 once a number of previous conditions that are customary in this type of transaction have been met.

According to Luis Abril, CEO of Minsait and Director of Indra, “the acquisition positions us as the leading technology company in Spain capable of offering its industrial customers a real IT/OT convergence (information technology and operational technology) in their digitalization process. We have already seen that this convergence has enormous growth potential in other industries, such as energy and telecommunications, and the industrial sector is beginning to show the same trend”. For Minsait’s customers, this IT/OT convergence will have positive effects in areas such as industrial safety, the use of cloud computing, and accelerating the entry of artificial intelligence tools in the factory to detect failure patterns and improve quality and productivity.

The acquisition of Deuser fits perfectly within the scope of activity that Minsait encompasses under the “Phygital” concept or, in other words, the connection of the physical and digital worlds to optimize infrastructure and generate a sustainable impact. For Leo Benítez, Director of Phygital at Minsait, “the traditional model in which information technologies were on one side of the factory and operational technologies were on the other has an expiration date, as all the leading analysts have shown. Deuser’s integration will allow us to offer our IT customers in industrial environments a complete end-to-end service, from ERP and CRM to the industrial process control elements (PLCs) of the production line. By combining capabilities, we can properly speak of SmartFactory or Industry 4.0”.

For Francisco Adame, CEO of Deuser, the deal is also optimal: “Minsait provides us with the ability to upscale, more opportunities for our team and the possibility of international growth. In addition, their corporate IT business perfectly complements our operational OT business. We have several customers in common to whom we can now offer transformative convergence projects by pooling our capabilities, paving the way for a smarter, more sustainable, innovative and competitive industry.”

IT/OT integration is a trend highlighted by leading technology analysts. The CIO is gradually taking over decisions traditionally local to each plant and it can implement a better integration of industrial and corporate processes to increase efficiency and flexibility in operations.

Minsait in-house legal team was formed by M&A legal director Patricia Montoro Cobles and manager Enrique Blanco Antón.

Pérez-Llorca team advising Minsait was formed by partner Alfredo Lafita and lawyers Carlos Rubio and Beatriz Castilla.

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