Pérez-Llorca advises York and ECM on Famar´s acquisition

Pérez-Llorca has advised US Private Equity firm York Capital and Cypriot Elements Capital Management on the acquisition of Greek pharma group Famar

The transaction was completed for an undisclosed amount on March 20th, and includes Famar’s Southern Europe activities, covering 7 manufacturing and distribution sites facilities in Greece, Spain and Italy, which in total represents a turnover of €210 million and 1,900 employees.

The firms advising York and ECM on the deal include global law firm Reed Smith (lead deal counsel), Ernst & Young, Pérez-Llorca (Spain), Legance (Italy), Papapolitis & Papapolitis (Greece) and IQVI.

Pérez-Llorca team was led by Corporate partner Fausto Romero-Miura (pictured) and Labour partner Isabel Moya (pictured), and included Banking & Finance lawyer Gonzalo Ávila, Corporate lawyers Ana Ibarra, Iciar de Lorenzo and Elena Torrecillas, and Labour lawyer Marta Salamanca.