Agidens Expands Into Spanish Market with AUGI Acquisition
Deal News | Nov 08, 2024 | Iberian Lawyer
Evergreen Legal, a prominent law firm, advised Agidens, a Belgian company specializing in industrial process automation and owned by the investment group Ackermans & van Haaren, on its acquisition of Automatismos Girona (AUGI), a Spanish company based in Gerona. AUGI is known for its expertise in discrete application and process automation solutions tailored for industrial sectors. This strategic move signifies Agidens' intent to enhance its footprint in the Spanish market, aligning with its broader international expansion goals. The transaction was supported by Evergreen Legal's experienced M&A team, including partner Ignacio Freire, senior associate Celia Gil, junior lawyer Guillermo Albarracn, and labor area partner Cristina Gonzalez Olivares. Agidens' acquisition of AUGI underscores its proactive strategy in strengthening its market presence within the industrial automation sector in Spain.
Sectors
- Industrial Automation
- Legal Advisory
Geography
- Spain – AUGI, the acquired company, is based in Gerona, Spain, making Spain a key geographical focus for this transaction.
- Belgium – Agidens, the acquiring company, is based in Belgium, highlighting Belgian involvement in cross-border M&A activities.
Industry
- Industrial Automation – The acquisition involves Agidens and AUGI, both of which operate in the industrial automation sector, offering solutions for enhancing efficiency in industrial processes.
- Legal Advisory – Evergreen Legal played a pivotal role in advising Agidens through the legal processes of acquiring AUGI, showcasing their expertise in legal services within M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Agidens | Acquiring Company | Company | A Belgian company specializing in industrial process automation solutions. |
| Automatismos Girona (AUGI) | Target Company | Company | A Spanish company focused on discrete applications and process automation. |
| Ackermans & van Haaren | Investment Group | Company | An investment group owning Agidens. |
| Evergreen Legal | Legal Advisor | Company | A law firm advising Agidens on the acquisition of AUGI. |