Cavagna Group Expands into Spanish Gas Market with Resite Acquisition
Deal News | May 23, 2025 | Iberian Lawyer
MAIO Legal has successfully advised Cavagna Group UK, the holding entity of the Italian multinational Cavagna Group, entering the Spanish market by acquiring a majority stake in Resite. This acquisition is a strategic move within Cavagna's extensive international expansion plans. Known for their expertise in gas control, regulation, and metering solutions, Cavagna Group operates across 16 countries with revenues exceeding 400 million. The acquisition of Resite, a firm specializing in natural gas reduction and measurement systems, is expected to bolster Cavagna's footprint in Southern Europe and diversify its product offering. The legal advisory was spearheaded by MAIO Legal's Corporate and M&A team, highlighting the firm's capability in managing complex international ventures.
Sectors
- Natural Gas and Energy
- Legal Advisory
Geography
- Spain – The target company, Resite, is located in Spain, which is the market Cavagna Group is entering.
- Italy – Cavagna Group is an Italian multinational, with a significant background and operational headquarters impacting the deal.
- United Kingdom – Cavagna Group UK serves as the holding company for the Italian group, indicating involvement from across the UK.
Industry
- Natural Gas and Energy – The entry of Cavagna Group into the Spanish market pertains to the natural gas sector, focusing on reduction and measurement systems.
- Legal Advisory – MAIO Legal's role in facilitating the acquisition highlights the legal advisory industry's involvement in international M&A transactions.
Financials
- 400 million – The revenue generated by Cavagna Group across their operations in 16 countries.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cavagna Group | Bidding Company | Company | An Italian multinational focused on gas control, regulation, and metering solutions. |
| Resite | Target Company | Company | A Spanish company specializing in natural gas reduction and measurement systems. |
| MAIO Legal | Legal Advisor | Company | Provided legal advisory services to Cavagna Group during the acquisition process. |
| Baker Tilly | Financial Advisor | Company | Provided financial advisory services to Cavagna Group from Italy. |
| Marco Bolognini | Partner at MAIO Legal | Person | An Italian partner involved in the legal advisory process. |
| Paolo Ronco | Of Counsel | Person | Contributed to the legal advisory from MAIO Legal. |
| Pablo Segu | Senior Associate | Person | Spanish associate involved in the legal advisory from MAIO Legal. |