Montero Aramburu & Gómez-Villares Atencia advises on securing €60.9 million in financing to support MP Ascensores strategic plan
Montero Aramburu & Gómez-Villares Atencia has advised MP Ascensores, a Seville-based company with over 30 years of experience in the manufacture, installation, and maintenance of elevators — and currently the seventh-largest operator in the sector in Europe — on securing financing from five financial institutions to support its 2025–2027 strategic plan.
The company has secured €60.9 million in financing, which includes the refinancing of €28 million in existing liabilities, and will allow it to strengthen its commercial presence in key markets such as Germany and Italy, launch new products, and implement intelligent systems, including the development of proprietary software.
Founded in 1988 by entrepreneur Valentín de Madariaga, MP Ascensores is a 100% family-owned company and employs a workforce of 1,150 people.
The legal team involved in the transaction was led by Maite Cerezo Montañez, partner in the Corporate and M&A Department, with the support of Juan Manuel Martínez Carpio and Andrea Jiménez Mateos.
