Aguirre Newman instructs Garrigues on €67m Savills deal
Garrigues advised Spanish real estate consultancy Aguirre Newman on its acquisition by UK-based Savills.
The deal was valued at €67 million, according to Mergermarket. The fee will be paid in intallments over a five-year period.
Aguirre Newman‘s 2016 turnover was €69 million.
Founded in 1988 in Madrid, Aguirre has 400 staff and offices in Madrid, Barcelona, Málaga, and two offices in Portugal.
Savills already had offices in Barcelona and Madrid – with 70 members of staff – prior to the acquisition.