06 Nov 2025

Pérez-Llorca Advises Semapa on €148 Million Acquisition of Imedexa

"Pérez-Llorca advised Portuguese industrial group Semapa on its €148 million acquisition of Spani sh towers and electrical structures manufacturer Imedexa from private equity firm GPF. Nomura managed the sale process. The transaction is Semapa’s first direct acquisition of a company headquartered outside Portugal and advances the group’s internationalisation and diversification strategy."

Pérez-Llorca advised Portuguese industrial group Semapa in its acquisition of Imedexa from Spanish private equity firm GPF. Semapa has acquired Imedexa (Industrias Mecánicas de Extremadura) from GPF in a transaction valued at approximately €148 million. The deal marks Semapa’s first direct acquisition of a company headquartered outside Portugal and represents a further step in the group’s internationalisation and diversification strategy. Founded in 1979 and based in Cáceres (Extremadura), Imedexa specialises in the production of towers and electrical structures for both domestic and international clients. GPF, established in 2015 by Martín Rodríguez‑Fraile, Ignacio Olascoaga, Lorenzo Martínez de Albornoz and Guillermo Castellanos, acquired Imedexa at the end of 2023 and entrusted Nomura with the sale process earlier this year. Semapa is a large industrial holding group operating in the cement, pulp and paper, and environmental services sectors. The group reported revenues exceeding €2.8 billion and profits of more than €300 million in 2024 and remains under the control of the Queiroz Pereira family. Pérez-Llorca represented Semapa with a team composed by: Dídac Severino (partner, corporate) and Rodrigo Nogueira (partner, corporate), supported by Borja Gil Casares (corporate) and Beatriz Olivares (corporate), Antoni Companys (planning and environment) and Rafael Pastor Beneyto (planning and environment), and Eva Láuzara (employment, compensation and benefits) and Sofía Pueyo (employment, compensation and benefits).
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.