Abertis acquires Autovía del Camino from UBS: advisors

Abertis, a global infrastructure management group, has closed the acquisition of 100% of Autovía del Camino, a shadow toll concession that connects Navarra with the Upper Ebro Valley and constitutes a direct area of influence between Pamplona and Logroño.

Image: Bosco De Checa, Pablo Mayor and Vanessa Cuellas (Allen & Overy partners)

This transaction strengthens the Group’s position in the Spanish market, a strategic region for Abertis, and will be operated by Autopistas, its subsidiary in Spain, taking advantage of operational synergies.

Autovía del Camino will contribute to Abertis’ growth strategy. The transaction consolidates Abertis’ new growth phase, which began last July with the new agreement for the development of the company signed between shareholders ACS and Mundys. This strategy has already led to the acquisition of new toll roads in the United States and Puerto Rico, and demonstrates its capacity to continue to expand Abertis’ assets and maintain a balanced portfolio with a resilient economy and solid regulatory frameworks.

Legal advisors

Abertis was advised by Allen & Overy and UBS AM was advised by Cuatrecasas.

Allen & Overy team consisted of corporate lawyers: Bosco De Checa, Nicolás Sierra and María Isla. From the public law area: Pablo Mayor, Victoria Martín and Marta Villar; banking and finance: Vanessa Cuellas and Joan Carbonell; Tax: Juan José Sánchez and; antitrust: Jaime Rodriguez and Anabel Blasco.

Cuatrecasas team was formed by Marcos García, Francisco Pérez-Crespo and María Corzo.