CMS Portugal advises Sonepar on LCI Group deal
CMS Portugal has advised Sonepar, a family-owned French group active in the B2B distribution of electrical equipment, on the acquisition of 100% of the LCI Group, a Portuguese distributor of electrical equipment operating nationwide through three companies.
The LCI Group runs its operations through Tanqueluz, Futurluz and Vedrel, which together maintain 17 delegations across Portugal and employ approximately 200 people. Through the acquisition, Sonepar adds a nationwide distribution network to its existing operations in the country.
Advisers
The CMS team advising Sonepar was led by corporate M&A partner Margarida Vila Franca, supported by senior associate Miguel Santos Ferreira and associates Francisco Verdelho and Inês Jones. The team also included, in employment law, managing associate Sofia Costa Lobo and associate Leonor Barata da Cunha, alongside energy associate Rodrigo Pinto Guimarães and property pssociate Duarte de Castro Rodrigues. Senior associate Ricardo Pintão took part on behalf of TMC.
