Santamarina y Steta instructed on GIS European expansion

Mexican law firm Santamarina y Steta advised Grupo Industrial Saltillo (GIS) on its €280 million acquisition of Infun, the European car parts manufacturer. 

GIS was founded in 1928 and is headquartered in Saltillo, in the Mexican state of Coahuila, The company designs, manufactures and markets products for industrial and consumer sectors, including the automotive industry.

Infun is a car parts manufacturer headquartered in Barcelona, with operations in Spain, Italy and China.

This operation is GIS´s second acquisition in Europe, in 2015 the company bought ACE, a car parts manufacturer with operations in Spain, Czech Republic and Poland.

Jorge Barrero Stahl, partner at the Monterrey office of Santamarina y Steta, led the team advising GIS.

Santander provided financial advise to GIS while KPMG gave accounting support.

GIS also instructed Cuatrecasas in Spain, Gianni Origoni in Italy and Zhong Lung in China. The company retained CMS Hasche Sigle for antitrust advise in Germany.

Spanish law firm Uria Menendez advised the sellers

Santamarina y Steta instructed on GIS European expansion

Ignacio Abella

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram