Hogan Lovells advises Value Hybrid on the acquisition of a stake by Fortune Brands
Hogan Lovells‘ corporate team in Madrid has advised Value Hybrid Global, a Spanish technology company that has developed a booming security software, in the acquisition of 30% of its capital by Fortune Brands Innovations, a U.S. holding company that owns several companies focused on digital security systems.
This transaction facilitates the entry of the U.S. group in Spain, the support to the Spanish technological and innovative development, and the contribution of resources for the growth of Value Hybrid, whose innovative security system Loto (Lock Out and TagOut) allows to disconnect and control the different energy sources of industrial equipment without interrupting other processes such as maintenance, cleaning or repair.
The corporate M&A team advising Value Hybrid was led by partner Lucas Osorio and supported by associate Carlos Beltrán.