Proença de Carvalho Advises on Termogreen Sale to Bianna Group
Deal News | Feb 12, 2025 | Iberian Lawyer
Proença de Carvalho has successfully advised the majority shareholder in the sale of a majority stake in Termogreen to Bianna Group, a Spanish multinational firm. Termogreen specializes in waste treatment to generate electricity, a sector seeing increasing activity amid global environmental concerns. The deal presented complexities typical of cross-border transactions, compounded by the intricacies involved in the partial sale of share capital to a sizable corporation like Bianna, known for its rigorous acquisition strategies. The law firm's partner, André Matias de Almeida, led the charge on this deal, with essential contributions from M&A associate Igor Amarii and lawyers Mariana Castro Pereira and Bruno Matias.
Sectors
- Renewable Energy
- Waste Management
- Legal Advisory
Geography
- Portugal – Proença de Carvalho is based in Portugal, and Termogreen is likely a Portuguese company.
- Spain – Bianna Group, the acquiring company, is a Spanish multinational corporation.
Industry
- Renewable Energy – Termogreen operates within the renewable energy sector, focusing on electricity production from waste treatment.
- Waste Management – Bianna Group deals with innovative solutions for waste treatment, which aligns with Termogreen's activities.
- Legal Advisory – Proença de Carvalho provided legal advisory services for this cross-border transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Proença de Carvalho | Legal Advisor | Company | A law firm advising the majority shareholder in the sale of Termogreen. |
| André Matias de Almeida | Lead Partner | Person | Partner at Proença de Carvalho leading the transaction. |
| Igor Amarii | M&A Associate | Person | Associate at Proença de Carvalho coordinating the transaction. |
| Mariana Castro Pereira | Lawyer | Person | Lawyer involved in the transaction. |
| Bruno Matias | Lawyer | Person | Lawyer involved in the transaction. |
| Termogreen | Target Company | Company | A company dedicated to waste treatment for electricity production. |
| Bianna Group | Bidding Company | Company | Spanish multinational specializing in engineering and waste treatment solutions. |