Department profile
CMS

Corporate/M&A

Global Guide 2026 : Spain

Share profile

CMS

Rankings

Chambers Review

Provided by Chambers

Corporate/M&A - Spain

Spotlight

What the Team is Known For
CMS leverages its longstanding role as governance adviser for major Spanish corporates to attract roles on high-profile M&A and restructuring mandates. Its capabilities extend to advising on high-end cross-border joint ventures. CMS is particularly popular among leading Spanish infrastructure, telecommunications and energy clients; the team also acts for important foreign corporates and private equity funds. The law firm maintains strong ties to the German market thanks to the reputations both of its European offices and of its experienced Madrid-based partners as well.
View ranking table

Work Highlights

Provided by Chambers

  • CMS represented Carlyle in the USD3.8 billion acquisition of Vantive.

Strengths

Provided by Chambers

  • CMS stands out for its strong negotiation skills, which have been particularly valuable in complex transactional contexts. It combines legal expertise with a pragmatic, solution-oriented approach.

    Corporate/M&A respondentGlobal

  • The knowledge and experience of the partners is very important to us, giving us peace of mind with their absolute availability.

    Corporate/M&A respondentGlobal

  • The team is very responsive, maintained good communication fluently and in multiple languages.

    Corporate/M&A respondentGlobal

  • CMS is pragmatic and solution-oriented, with a high level of professional expertise.

    Corporate/M&A respondentGlobal

  • CMS offers in-depth knowledge of market practices.

    Corporate/M&A respondentGlobal

Notable Practitioners

Provided by Chambers

  • César Albiñana Cilveti
    César Albiñana Cilveti

    César Albiñana Cilveti

    Managing Partner César Albiñana Cilveti is a longstanding practitioner in the M&A space, frequently advising on transactions with cross-border elements.

    View profile
  • Luis Miguel de Dios Martínez
    Luis Miguel de Dios Martínez

    Luis Miguel de Dios Martínez

    Luis Miguel de Dios frequently advises German clients on the sale and acquisition of share capital in Spanish companies in the renewable energy, manufacturing and infrastructure sectors.
    View profile
  • Elena Aguilar
    Elena Aguilar

    Elena Aguilar

    Elena Aguilar is recognised for her expertise in conducting cross-border acquisitions, representing clients in the financial and retail sectors.

    • It is a pleasure to have a partner like her leading matters. She makes it simple, comfortable and you feel supported. She shares risks but advises on alternatives so you can make informed choices.

      Corporate/M&A respondentGlobal

    • Elena's excellent commercial acumen and tremendous ability to handle complex and sophisticated matters, are notable. She provides attentive and friendly service.

      Corporate/M&A respondentGlobal

    • Elena Aguilar is a great M&A lawyer with a clear client-oriented approach and great character to cope with the difficulties of transactions.

      Corporate/M&A respondentGlobal
    View profile
  • Ignacio Cerrato
    Ignacio Cerrato

    Ignacio Cerrato

    Ignacio Cerrato is recognised in the rankings on the basis of strong market support. He handles a variety of transactional and joint venture matters, both domestic and cross-border.

    • Ignacio is a great professional with a solid background in Corporate/M&A.

      Corporate/M&A respondentGlobal

    • He stands out for his involvement in the details. He has a really high level of involvement and commercial judgement, with a good team behind.

      Corporate/M&A respondentGlobal

    • Ignacio has a great capacity for response and commitment.

      Corporate/M&A respondentGlobal

    • Ignacio Cerrato has strong technical knowledge and rigour which makes him very reliable and efficient.

      Corporate/M&A respondentGlobal
    View profile
  • Ignacio Zarzalejos
    Ignacio Zarzalejos

    Ignacio Zarzalejos

    Ignacio Zarzalejos handles high-value sales and acquisitions in the infrastructure and telecommunications sectors.

    • Ignacio is very friendly and willing to adapt to the client's request.

      Corporate/M&A respondentGlobal

    • He is very meticulous with a great capacity for finding solutions. He is also very open to finding possibilities, offering practical, firm and clear advice.

      Corporate/M&A respondentGlobal

    • Ignacio Zarzalejos's availability is one of his greatest strengths.

      Corporate/M&A respondentGlobal
    View profile
  • Rafael Suárez de Lezo
    Rafael Suárez de Lezo

    Rafael Suárez de Lezo

    Rafael Suárez de Lezo represents corporates in the sale and acquisition of companies in the renewable energy and infrastructure sectors.

    • Rafael Suárez de Lezo's seniority, experience and practical approach allow him to add enormous value.

      Corporate/M&A respondentGlobal

    • Rafael is a very complete professional with a global vision.

      Corporate/M&A respondentGlobal
    View profile

Ranked Individuals at CMS (7)

Spain

CMS has rankings in the following guides

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership