spot_img
Friday, December 1, 2023

Vaciero advises Grupo Baldajos on Palacios Total Car Services acquisition

Vaciero has advised Grupo Baldajos, leader in vehicle maintenance, on the acquisition of Palacios Total Car Services, formerly owned by Bridgestone Corporation, the second largest tire manufacturer in the world after Michelin

-

This transaction closed on October 3 and with it Grupo Baldajos now manages the operation of six new branches in Galicia (Lugo, Barreiros, Viveiro and Ribadeo, in addition to four in Coruña).

The Group already had workshops in Barcelona, Guipúzcoa, Salamanca, Zaragoza, Madrid and Asturias, and is extending its geographical scope to the northwest of the Iberian Peninsula, offering vehicle repair and care services. The world of “fast” goes beyond food (fast food), fashion (fast fashion) and parcels (fast delivery) and has reached the motor industry, where workshops with competitive prices, a variety of spare parts and a wide range of time slots are competing with dealerships and old-fashioned workshops. Grupo Baldajos is part of this trend, which now has a network of 28 branches.

For the negotiation and closing of the transaction, the Baldajos Group was advised by the multidisciplinary team of VACIERO, led by Corporate/Commercial partner Begoña González and formed by partners Diego Méndez-Láiz (Audit department), Belén Fraga Fernández (Labour department), Ana Espiniella Menéndez (Tax department) and Ricardo San Marcos de la Torre, vice-president and director of the Insolvency and Restructuring department.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Multi-law firm advice on Brown‑Forman´s acquisition of Gin Mare

Brown‑Forman Corporation has announced its agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion of the transaction, Brown‑Forman will...

CC advises QuironSalud on sale of hospital in Peru

The divested portfolio consists of QuironSalud's stake in the flagship hospital Clínica Ricardo Palma located in Lima. Entities of the Verme family, who currently...

Montero Aramburu closes 2022 with €22m revenues, 14% growth

In this way, the firm, which surpasses the €20 million barrier, consolidates its position as one of the leading multidisciplinary law firms in the...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: