GA_P advises on the acquisition of the Spanish entity Seventy Eight
Gómez-Acebo & Pombo has advised Grand Siècle 2023, a French company belonging to the Kardham Group, on the acquisition of the Spanish company Seventy Eight, a leading company that operates for premium clients in Design & Build and specializes in projects for luxury goods companies, multinational retailers, restaurants and high-end hotels, as well as corporate clients.
With this acquisition, Kardham aims to accelerate its European expansion strategy, launched in 2019, and especially in Spain, where it aspires to become a major player. In this regard, the acquisition of Seventy Eight, S.L should serve Kardham as a growth driver in two rapidly developing segments: luxury/high-end retail and hotels, which are enjoying promising dynamics.
The GA_P team was led by Guillermo Guerra, Nicolás Zúñiga, Laura Roda and Cristina Merino, from the Mercantil team.