GA_P advises TechOnRails on its sale to Duagon

Gómez-Acebo & Pombo has advised MNI Tech On Rails on its sale to Swiss company Duagon

Spanish company TechOnRails, specialized in the conception and design of railway signaling systems, has offices in Madrid and Barcelona, gathering over 150 engineers.

As IBL could confirm, TechOnRails founder Ángel Saldaña will continue to lead the company and becomes general manager of Duagon Spain.

With this integration, Duagon will be the group’s global competence for railway engineering and software development as well as the sales and service centre for Iberian and South American markets.

Gómez-Acebo & Pombo was the legal advisor of TechOnRails shareholders that also were advised on the transaction by V4 Financial Partners (M&A). The buyer, Duagon, was advised by KPMG on Financial and Tax matters while Baker McKenzie advised on Legal and Wingtec on the M&A part of the deal.

Gómez-Acebo & Pombo´s team was led by Álvaro Mateo (pictured left) and also included lawyer Alba Pérez (pictured right).

On the other hand, Baker McKenzie´s team was led by Madrid office Corporate and M&A partner, Maite Diez and included Corporate and M&A senior associate Luis Fuster and Corporate and M&A special counsel, Alba Anegón.