GA_P advises GIAC on its merger with Freightos

Gómez-Acebo & Pombo has advised SPAC Gesher I Acquisition Corp. (GIAC) on the merger agreement with Freightos Ltd, which includes Spanish company WebCargo. The value of the transaction was about $435m.

Freightos is a digital platform for freight reservation services worldwide. As part of the transaction, Freightos has secured $80m in capital commitments. The capital obtained from the transaction will be invested to further grow the business, driving transaction value and improving margins.

The team advising on the deal was made up of: David González (Commercial partner, pictured left), Samara Schaar (Commercial associate) and Rodrigo Fernández (Commercial associate), Bárbara Sáinz (Industrial and Intellectual Property associate), Isabel Bandín (Industrial and Intellectual Property associate), Claudia Pérez (Industrial and Intellectual Property associate), Irantze Irrigain (Industrial and Intellectual Property associate), Lourdes Escassi (Employment associate), Clara Juanola (Employment associate) and Natalia Mestres (Employment associate), Mariana Díaz-Moro (Tax partner, pictured right) and Carla Fandiño (Tax associate), and Juan Vera (Real Estate associate).