Baker McKenzie advises on the acquisition of 96.07% of Siliconas Silam
Baker McKenzie has advised Elastofirm (Egeria) on the acquisition of 96.07% of the share capital of Siliconas Silam (and, indirectly, its subsidiary Dicoinsa) from its shareholders Espiga Equity Fund FCR and eight other minority shareholders.
The Elastofirm Group, headquartered in the Netherlands, is composed of companies specifically focused on the rubber sector with a turnover of 130 million euros and employing 400 people.
The Group’s activities are mainly carried out in Europe (the Netherlands and Germany being the most prominent countries) and with a clear growth strategy based on the management teams of each company, which maintain responsibility for the direction and management of the company.
With this operation, SILAM Group increases the growth potential in Europe, accessing more markets and customers, as well as being able to offer our customers a more complete range of products.
The advisory team to Elastofirm was formed by Enrique Valera, Carlos Jiménez de Laiglesia, Elena Piquero and Mar Venzal.
