Moira Capital instructs KWM on acquisition of GRIT stake
King & Wood Mallesons (KWM) advised Moira Capital Partners on its acquisition of a 65 per cent stake in Spanish liquefied gas company Gases, Research, Innovation and Technology (GRIT).
The deal was valued at €20 million, according to Mergermarket.
GRIT’s turnover was €30 million in 2017.
Reports said Moira’s plan is to multiply GRIT’s turnover by up to four times to €120 million.
The KWM team included partner Pablo Díaz Gridilla and associate Gonzalo Fernández Contreras.
GRIT was advised by RSM Spain Tax & Legal, whose team was led by partner Xavier Miravalls.
