Grupo Cox Makes Landmark $4.2B Iberdrola Acquisition

DLA Piper played an instrumental role in advising Grupo Cox, a distinguished Spanish multinational specializing in water and energy sectors, on its monumental $4.2 billion acquisition of Iberdrola’s assets in Mexico. This significant cross-border transaction stands as one of the largest energy deals this year, emphasizing the capabilities of DLA Piper's cross-disciplinary and international legal expertise. The deal saw participation from renowned figures such as Francisco J. Cerezo, who co-led the deal from Miami, while Partner Mauricio Valdespino coordinated efforts from Mexico City. The transaction also showcased DLA Piper’s strength and global reach, benefiting from its extensive network of over 1,000 corporate attorneys skilled in handling complex international transactions. With a presence spanning Latin America, Europe, Asia, and beyond, DLA Piper has consistently maintained its reputation in the M&A sector, being recognized as a leader in global deal volumes for 15 successive years by authorities like Mergermarket.