Andersen advises Reco on sale to Mirai Investments
Andersen has advised Reco, a Basque company specialized in chemical and electrolytic coatings and metal treatment for the electrical equipment goods sector, on its sale to Mirai Investments, a family-owned investment and business development company. Headquartered in Barakaldo, Reco employs 60 professionals and reported revenue of close to €14 million in 2025.
Following the transaction, Reco will become part of Innometal, Mirai Investments’ metal transformation and finishing division. The move forms part of an effort to expand the group’s industrial services offering and strengthen its capabilities in the transformation and finishing of metal components.
The team
The transaction was led by Sharon Izaguirre, Partner and head of Andersen’s Corporate/M&A practice in Spain’s Northern Zone. She was supported by Alberto Castilla, Senior Associate in the Corporate/M&A team at Andersen’s Bilbao office.
