Dragados acquires Voltan from Henko: advisors
Ashurst Perkins Coie has advised Dragados, a company of ACS Group, on its acquisition of 100% of the share capital of Voltan Technical Services and its group of companies. The group was owned by the private equity fund Henko Capital Partners, its majority shareholder, and other minority shareholders.
According to Henko, through Dragados, ACS Group reached an agreement with Henko Capital Partners for the purchase. The transaction adds a platform specialised in electrical transmission and distribution, electromechanical installations, commissioning, operation and maintenance to ACS Group’s industrial and energy capabilities.
The acquisition forms part of ACS Group’s strategy to expand into higher-value activities and offer more integrated solutions across the full project lifecycle, from engineering and construction to commissioning, operation and maintenance. Voltan Group brings experience in transmission and distribution projects and established relationships with the main grid operators, which complements ACS Group’s existing international activity in this market.
Founded in 2021, Voltan Group brings together several companies providing technical and engineering services to the energy sector. Its activity is concentrated mainly in two areas, energy and transmission and distribution.
Advisers
The Ashurst Perkins Coie team was led by Jorge Vázquez, partner in Corporate M&A. In Spain, the Corporate M&A team also included Tannia Rodríguez (counsel), associates Beatriz Aizpún and Nerea Sobrón, and trainee Luis Rubio. Competition, antitrust and foreign investment aspects were handled by partner Rafael Baena and associate Teresa Prado. Employment and data protection issues were covered by Cristina Grande, counsel and head of Employment and Data Protection, and associate Elena González.
In the United Kingdom, Corporate M&A partner George Weavil and associate Daniella Zecchino took part. In Germany, Corporate M&A partner Marina Arntzen contributed.
