Acciona Expands Water Division with Mytra Control Acquisition
Deal News | May 05, 2025 | Iberian Lawyer
Acciona, a leading company in the infrastructure sector, has acquired Mytra Control, a Spanish firm specializing in automation and control solutions for water infrastructures. The acquisition was executed through the purchase of 100% of Mytra Control's share capital from its founding shareholders. This move significantly bolsters Acciona's operations within its water division, an area where it already exhibits extensive involvement in projects like desalination, purification, and wastewater management. The advisory and legal assistance for this transaction were provided by EY Abogados, with a team led by Susana Gómez Badiola comprising experts from corporate, M&A, public law, tax law, and labor law departments.
Sectors
- Infrastructure and Construction
- Technology and Automation
- Legal Services
Geography
- Spain – Both Acciona and Mytra Control are based in Spain, and the acquisition enhances Acciona's operations within the Spanish market.
Industry
- Infrastructure and Construction – Acciona operates within this sector, focusing on the development of projects such as water treatment and management facilities.
- Technology and Automation – Mytra Control specializes in providing automation and control solutions, which are technological services tailored for infrastructure needs.
- Legal Services – EY Abogados provided legal advisory services to Acciona for this acquisition, handling M&A and other corporate legal aspects.
Financials
- – The financial terms of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acciona | Acquiring Company | Company | A global leader in sustainable infrastructure development and renewable energy solutions. |
| Mytra Control | Target Company | Company | A Spanish company specializing in automation and control solutions for water infrastructure. |
| EY Abogados | Legal Advisor | Company | A legal advisory firm that assisted Acciona with the M&A process, with a multidisciplinary team covering corporate, tax, and labor law. |
| Susana Gómez Badiola | Lead Legal Advisor | Person | Partner in the Corporate, M&A, and Private Equity department at EY Abogados, leading the legal team for this acquisition. |