Allen & Overy and CMS advise on Bruc acquisition

Allen & Overy advised Macquarie Group and OPSEU Pension Trust on the acquisition of a 60 per cent stake in Spain-headquartered Bruc Management Projects, according to Mergermarket.

Macquarie and OPSEU each acquired a 30 per cent share. The stakes were sold by private investor, and Bruc founder, Juan Béjar, who was advised by CMS Albiñana & Suárez de Lezo.

Béjar will retain a 40 per cent stake in Bruc and will continue as president.

Bruc is an investment fund manager with a strong focus on the energy sector, particularly renewable energy.

Bruc has offices in Madrid and Tokyo.

The CMS Albiñana & Suárez de Lezo team advising Béjar included managing partner Rafael Suárez de Lezo, partner Rafael Sánchez, and senior associate Ignacio Cerrato.

Ben Cook