The project is expected to be completed by the end of the third quarter of 2022
CMS Albiñana Suárez de Lezo and Cuatrecasas have acted as legal advisors in the acquisition Siemens Energy Engines by German private equity manager Mutares.
CMS advised Siemens Energy on its divestment from Siemens Energy Engines, a world leader in power generation engines, in favor of the German listed fund Mutares SE & Co. KGaA., advised by Cuatrecasas.
The acquisition strengthens the engineering and technology segment of the German company, which is listed on the Frankfurt Stock Exchange, with its second investment in Spain. The project is expected to be completed by the end of the third quarter of 2022 and is subject to the usual conditions and approvals for this type of transaction.
The CMS team advising Siemens Energy was led by partner Javier Torre de Silva with the support of Counsel Jose Ramon Melendez and associate Ignacio Cerrato.
The Cuatrecasas advisory team was led by partner Kai Fischer (pictured rigth), senior associate Javier Alós (pictured left) and associate Paula Martínez.