Madrid-based GMQ Abogados advised private equity fund Quantum Capital Partners on the acquisition of Finnish company Stora Enso´s plant in Barcelona.
The plant has an annual turnover of US$120m.
A Stora Enso statement said the initial cash consideration for the divestment of the shares was €10 million.
The transaction is expected to be completed in the fourth quarter of this year, subject to regulatory approval.
The GMQ team was led by partner Rodrigo Martos.
Quantum Capital Partners is a German private equity fund headquartered in Munich. The fund focuses on corporate spin-offs in which the acquisition target has a turnover between €20 million and €500 million.
Quantum’s current portfolio consists of seven companies, with a combined turnover of around €350 million.