Ferpinta: Expanding its Reach into Madeira's Tourism Sector
Deal News | Jun 24, 2025 | Iberian Lawyer
Telles, a law firm, facilitated the acquisition of a hotel unit in Funchal for Fragor Imobiliria, part of the Ferpinta Group, from Relaxplago. This transaction involved the purchase of the property and hotel business, soon to be rebranded as Vila Baleira Residence. The acquisition aligns with Ferpinta Group's strategic investment in tourism, enhancing its presence in the Autonomous Region of Madeira. Known for its core business of manufacturing steel tubes, Ferpinta is diversifying its portfolio sectors, including tourism in Madeira and Mozambique. The legal counsel by Telles was led by a multidisciplinary team headed by Francisco Espregueira Mendes, with the team covering various aspects such as corporate law, real estate, and tax.
Sectors
- Hospitality and Tourism
- Legal Services
Geography
- Portugal – The transaction took place in Funchal, located in the Autonomous Region of Madeira, Portugal.
- Iberian Peninsula – Ferpinta Group is an Iberian company, meaning it operates across both Portugal and Spain.
Industry
- Hospitality and Tourism – The article discusses the acquisition of a hotel business, indicating a focus on the hospitality and tourism industry.
- Legal Services – Telles law firm provided legal advice for the transaction, highlighting the involvement of legal services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ferpinta Group | Buyer | Company | An Iberian manufacturer of steel tubes, diversifying into tourism. |
| Relaxplago | Seller | Company | Previous owner of the hotel unit in Funchal. |
| Telles | Legal Advisor | Company | Provided legal advice on the hotel's acquisition. |
| Francisco Espregueira Mendes | Lead Legal Advisor | Person | Managing partner at Telles, overseeing the transaction. |
| Jos Maria Braga da Cruz | Coordinator | Person | Senior associate at Telles, involved in the legal advisory team. |