Cuatrecasas assists Votorantim with the purchase of HeidelbergCement´s Andalusian business
Cuatrecasas has advised Votorantim Cimentos, owner of the Cosmos cement plant in Córdoba, on the signing of an agreement with HeidelbergCement to acquire its entire business in Andalusia
With the sale of these assets, which include the integrated cement plant in Malaga, three aggregates plants and 11 ready-mix concrete plants in Andalusia, Votorantim Cimentos further strengthens its business in Spain and creates significant synergies with its existing operations.
Votorantim Cimentos currently has five integrated cement plants, two grinding plants, one mortar plant and several concrete and aggregates plants, located in Andalusia, the Canary Islands, Castilla y León, Extremadura and Galicia.HeidelbergCement is considered one of the world’s largest integrated manufacturers of building materials and solutions
The transaction, which is subject to certain conditions including the approval of the regulatory authorities in Spain, has been advised by a multidisciplinary Cuatrecasas team led by Corporate and M&A partner Luis Alba (pictured top left) and senior associate Lara Vettorazzi (pictured bottom right), with the participation of associate Ander Barruetabeña, Competition and EU Law partner Irene Moreno-Tapia (pictured top centre), senior associate Cristina Vila, Public Law counsel Pablo García, Corporate Taxation partner Antonio Barba (pictured top right), associates Mónica Gonzalez, Patricia Muñoz, Roberto Vázquez Cid, Analía Alonso, María Álvarez, María Montes, Adrián Martín, Eduardo Caruz, Victoria Reyes, Julio David Moreno, Elena Caballero, Joaquín Lozano and Isabel Bárbara, along with Litigation partner Gonzalo Susaeta (pictured bottom left), and lawyers Virginia Moreta, Marcos Fariña, Intellectual/IP/New Technologies counsel Jorge Monclús, Pedro Méndez de Vigo, Corporate and M&A partner Luis Güell (pictured centre) and associate Sara Mondelo.