Grupo Transmisión is one of the Spanish leading groups in the manufacturing and distribution of industrial belt straps.
The transaction involved a debt restructuring proceeding and a reorganisation through a complex asset sale process.
The restructuring included that of its affiliates Gecón Industrial, a company focused on the advice, optimisation and supply of industrial material related to drive chains and cardan shafts, and Transmisión Grand Prix, which markets the group’s motorbike products.
The team was led by Madrid office finance partner Manuel Mingot, together with of counsel Ana Bohórquez and associate David Calleja.
AFI acted as financial advisor in the transaction and provided credit advisory through a monitoring report.