German railway brake system manufactuer Knorr-Bremse was advised by Baker McKenzie on its acquisition of a 50 per cent stake in Spain’s Icer Rail.
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Portuguese law firm Vieira de Almeida (VdA) has recruited real estate partner Miguel Marques dos Santos from Garrigues.
Broseta advised UK investment bank StormHarbour on the acquisition of Ahorro Corporación Financiera.
In the short term, banking and finance-related work will sustain many law firms in Lisbon, but the longer term outlook is more uncertain and legal market consolidation is looking likely
While Grupo FerroAtlántica instructs some of the world’s biggest law firms, it also uses smaller firms as they are sometimes ‘more competitive and efficient’, says Carla Inés Cerdán Molina
Linklaters advised Spain’s ProA Capital on the acquisition of a 30 per cent stake in Grupo VIPS.
Garrigues advised Global Infrastructure Partners (GIP) on the acquisition of a 20 per cent stake in Gas Natural Fenosa.
Garrigues acted for food sector company Grupo Empresarial Palacios Alimentación on its acquisition of Precocinados Fuentetaja, which instructed Pérez-Llorca.
Smaller firms follow the major players in reporting revenue increases partly due to rise in compliance and data protection work as well as innovative pricing and greater use of project managers
Plastic tableware manufacturers Dopla and Flo were advised by Garrigues on the acquisition of Spain’s Nupik Internacional, according to Mergermarket.
