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Tuesday, May 21, 2024

RyC advises SEPI on the public support granting of €35m to Imasa

Ramón y Cajal Abogados has advised SEPI on the granting to the Asturian engineering company Imasa of public support amounting to €35 million, through a participative loan and an ordinary loan, charged to the State Solvency Support Fund for Strategic Companies

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IMASA, INGENIERÍA Y PROYECTOS, S.A., headquartered in Oviedo (Spain), was established in the 1970s as a company dedicated to project execution as well as to maintenance and assembly of industrial facilities.

Throughout its history thanks to excellent professionals who work to advance and improve its technological capabilities, and the evolution of its processes, at present, IMASA leads a group of multidisciplinary companies with presence in different sectors and industries, and with over 1,200 employees.

RyC’s partner Javier Menchén Calvo led the Financial, Corporate, Tax and Labour teams that advised on the transaction together with Alfonso Carcamo and Cristina Vidal, Corporate partners, senior associate David Díaz Villar and associate María Heredero Vidal.

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