Confianz

CONFIANZ

Website: https://www.confianz.es/
Tel: +34 944 255 750
Email: [email protected]

Managing Partners: Manuel Urrutia Subinas
Number of partners: 5
Number of lawyers: 10
Languages: English, Spanish

Firm Overview:
CONFIANZ specialises in Corporate M&A and business advisory services, with a wealth of experience in mid-market transactions and corporate reorganizations. Its multidisciplinary team of over forty professionals takes a proactive, business-centred approach, working on a daily basis to provide value for each one of its clients. The firm has a strong record of client loyalty, which speaks of its commitment to provide an outstanding service.

CONFIANZ has acted on behalf of more than 500 business groups from across Spain. It offers expertise across an extensive range of sectors, including:

• Automotive
• Agricultural
• Healthcare and medical devices
• Food and Drink
• IT Services
• Construction.
• Asset Management.

The firm's services include:

• M&A Transactions
• Corporate reorganisations
• Private equity deals
• Financings
• Tax matters
• Insolvency and pre-insolvency
• Labour advice

CONFIANZ has particular expertise in family successions, ensuring the continuity of family-owned businesses, which often entails the need for complex corporate reorganisations, e.g. placing non-essential assets or assets not attached to the family business group with businesses with no corporate risk via splits/spin offs and mergers, based on tax-neutral regimes so as not to generate unnecessary tax costs in restructuring.

Main Areas of Practice:

Corporate M&A

2 Partners; 10 fee earners

• Advised AZUL MARINO VIAJES - the 5th largest provider of tourism services in Spain- on the sale of the company to Spanish multinational Iberostar, through its subsidiary World2Meet.
• Financial and legal advice on the sale of FANOX ELECTRONICS to ABE Capital Partners. FANOX focuses on the manufacture of protection relays for medium voltage installations. The company has a turnover of more than EUR10 million, with EBITDA/Sales of more than 20%.

Key Clients: FANOX ELECTRONICS, AZUL MARINO VIAJES, GRUPO IMPLIKA, INDUSTRIAS SUBIÑAS,RECAMASA (GRUPO RECALE), MAQUINARIA EUROTEC
Contact: Manuel Urrutia Subinas
Email: [email protected]

Restructuring

3 Partners; 1 fee earner

• Assisted training and recruitment company GRUPO IMPLIKA with the merger of seven of the group's corporate entities in the context of a corporate reorganization which is key to the group's expansion and the optimisation of its financial and corporate structure.
• Advising STLIMA on the corporate restructuring of the group. The company provides technical industrial cleaning services, with a turnover of around EUR30 million. The procedure has allowed the protection of assets not related to the business.

Key Clients: CONSTRUCCIONES MOYUA, EXCELTIC, STLIMA, NAGAMOHR, RALVA, SANITRADE, UNIFORMES UNIVERSALES, AKUVAL, HJG, GRUPO ARES
Contact: Álvaro Mendiola Milla
Email: [email protected]

Tax

1 Partners; 1 fee earner

• Transformation of two SICAVs (BRUNO and ALZIRUM) into Limited Companies and transfer of their registered offices to Bizkaia, along with the corresponding notifications to the National Securities Market Commission (CNMV) and the Alternative Stock Market (MAB). As a result, the company is now taxed under the Bizkaia regime for asset-holding companies.
• Advice on the different alternatives for the carve-out of INSSERCO group's real estate assets. The group has a turnover of more than EUR25 million and around 37 real estate assets. The different alternatives were analysed and a dividend in kind to a holding company of the group was undertaken.

Key Clients: BRUNO, ALZIRUM, ARECHAEDERRA , UNIFORMES UNIVERSALES, HJG.
Contact: Guillermo Pampín
Email: [email protected]

Employment

1 Partner

• Successful defence of the CEO in Western Europe at French corporate WINOA INTERNATIONAL. Bringing the contractual relationship within the labour jurisdiction, obtaining the maximum labour indemnity and retribution of the non-competition agreement.
• Redundancy procedure on behalf of the MOBILIAR Group, with a workforce of around 65 employees.

Key Clients: IMPLIKA, GRUPO INSERTEC, SEMANTIC SYSTEM, GRUPO ARECHAEDERRA, GRUPO HAFESA
Contact: Manuel Urrutia Subinas
Email: [email protected]

Insolvency

1 Partners; 1 fee earner

• Advised NITROGAS, which focuses on the design and manufacture of nitrogen gas spring cylinders and tooling, on an insolvency proceeding. Assets amounted to EUR10.2 million. The refinancing of the insolvency debt was achieved through the approval of a creditors' agreement.
• Assisted JOSE MARÍA TORRES, S.A., which focuses on the production of top quality leather, with insolvency proceedings. The active mass of the insolvency proceedings was EUR10.3 million. The continuity of the insolvent company's activity was achieved through the approval of a creditors' agreement that allowed the refinancing of the insolvency debt.

Key Clients: GRUPO INMOBILIARIO ARCO ATLÁNTICO, NITROGAS, SUALSA, JOSE MARÍA TORRES, S.A., KLING, SKUNG FUNK, ALIASA, INYECCIÓN ALUMINIO CASTILLA
Contact: Rebeca Sanchez
Email: [email protected]

Main Areas of Practice:
Corporate M&A
Employment
Restructuring
Taxation
Banking and Insolvency

Offices:

Bilbao
Colón de Larreátegui, 35. 2º Dcha.
48009 BILBAO (VIZCAYA)
SPAIN
Tel: +34 944 255 750
[email protected]

Madrid
Génova, 20. 7º Dcha.
28004 MADRID
SPAIN
Tel: +34 911 930 163
[email protected]

Donostia-San Sebastián
Avenida de la Libertad, 25. 2ºA
20004 DONOSTIA-SAN SEBASTIÁN
SPAIN
Tel: +34 943 477 549
[email protected]