Cuatrecasas advises Vintae on restructuring plan
Cuatrecasas has advised Spanish wine group Vintae on the design, negotiation, court approval and implementation of a restructuring plan that has enabled the company to acquire control of 90% of the share capital of Bodegas Riojanas, one of the most historic wineries in Spain.
The transaction marks the culmination of a restructuring process aimed at ensuring the viability and continuity of the Rioja-based winery, which was facing significant financial difficulties and an imminent insolvency scenario.
According to Cuatrecasas, the deal represents a milestone in the Spanish restructuring market, as it allows an industrial investor to gain control of a listed company through a restructuring plan under Spain’s insolvency framework. In this case, the acquiring party is a wine group operating in the same industry, highlighting the growing role of strategic investors in corporate restructuring transactions.
The team
The multidisciplinary Cuatrecasas team advising on the transaction was led by lawyers Rosa M. Gual Tomás, Fedra Valencia, Julia Signes Espuch, Arnau Riera Lozano, Désirée Cazorla and Paula Terrón García from the firm’s Restructuring practice, together with José Luis Rodríguez and Francisco Pérez-Crespo Payá from the Corporate team.
