Bird & Bird advises Henko Partners on €100m acquisition in Balflex

Bird & Bird has advised Henko Partners, an Iberian private equity firm, on the acquisition of a majority stake in Portuguese hydraulic components manufacturer Balflex for €100 million. This marks Henko’s largest corporate transaction to date.

Balflex specializes in the production and distribution of high-pressure hydraulic components, serving both the aftermarket and original equipment manufacturers (OEMs). The acquisition of Balflex represents Henko’s third investment in Portugal, following its previous acquisitions of Link and Quadrante.

Bird & Bird’s legal team, led by partner Santiago Lardiés (pictured) and supported by associates Julieta Bermúdez and José Luis Quintanilla, provided comprehensive legal counsel to Henko Partners throughout the transaction.

This milestone deal not only underscores Henko’s continued expansion in the Portuguese market but also highlights Bird & Bird’s expertise in guiding private equity firms through complex cross-border transactions.