Corporate Finance

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Lemnos Capital has acquired 100% of Cartonajes Limousin. Located in Toulouse for more than 100 years, Cartonajes Limousin is dedicated to the design and manufacture of corrugated cardboard containers and packaging.

With the purchase of Cartonajes Limousin from Guipuzcoa, the company is making a commitment to environmental, economic and social sustainability due to its clean, efficient and responsible production processes, its commitment to 100% water-based inks and its leadership in recovery and recycling in the cardboard sector.

Lemnos Capital was advised on this transaction by PKF Attest.

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Grupo Altius, a leading company in the Spanish market of logistics, specialized international transport and customs, with more than 300 professionals in 10 offices in Spain and 5 offices in America, has acquired 100% of the capital of Lema Transit.

Lema Transit, based in Bilbao, Basque Country, is a forwarding company specialized in sea, air and land transportation.

The transaction will allow the Altius Group to expand and diversify its customer base and strengthen its presence in Bilbao, where it already has a team of more than 30 people.

PKF Attest has acted as financial advisor to the sellers.

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PKF Attest has acted as financial advisor to Ingeteam in the sale of its renewable energy power plant operation and maintenance division to RES.

The deal, signed in early August and recently closed, will allow Ingeteam to continue driving the development of energy conversion systems, supporting its customers and electrifying a sustainable future, while RES will become the world leader in the renewable energy operation and maintenance services sector.

This transaction reinforces RES' commitment to accelerate the energy transition and responds to growth in its target markets of utilities and infrastructure.

With this, RES will have €40 billion in assets under management through more than 40 GW of global O&M and asset management service contracts.

PKF Attest would like to thank Ingeteam for their confidence in such a complex operation, and congratulate all the professionals involved in it, both from Ingeteam and RES.

Learn more about the details of the transaction: sale of the Service division to RES

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Armangué, a Catalan group specialized in the manufacture and sale of steel and rebar for construction, has acquired 100% of Hierros Arrate for a confidential amount.

Hierros Arrate, based in the Basque Country, specializes in the production of rebar for the construction and civil works market.

The transaction will allow Armangué to increase its presence in the north of the peninsula, gaining weight in the area of Navarra and the Basque Country, one of its main markets along with Catalonia and the south of France.PKF Attest has acted as financial and legal advisor to the sellers.

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Arania, part of the Arania Group, consolidates its leadership in Southern Europe as a precision cold-rolling mill and supports its continued growth strategy through the successful acquisition of Thyssenkrupp Materials Processing Lamincer S.A.U.

The newly named LAMINCER PRECISION STEEL will become part of the ARANIA GROUP and will strengthen its cold rolling division.

PKF Attest has advised the Arania Group in the analysis and valuation of the transaction, due diligence processes together with the structure and negotiation of the terms and conditions of the transaction.