19 Nov 2025

Hogan Lovells Advises Cottés Partners on Henko Partners Majority Stake Investment and Creation of Attlon

"Hogan Lovells advised the partners of Cottés Fire & Smoke Solutions on Henko Partners' acquisition of a majority stake. The transaction, which includes a significant reinvestment by the founding partners, forms part of the creation of Attlon, combining Cottés and Electro Alavesa into a group with c. €40m turnover and 120 employees."

Hogan Lovells advised the partners of Cottés Fire & Smoke Solutions in connection with Henko Partners acquiring a majority stake in the company. The transaction sees Henko Partners, a Spanish private equity fund, take a majority position in Cottés Fire & Smoke Solutions, while the founding partners of Cottés undertake a significant reinvestment in the business. The deal is part of the creation of Attlon, a new platform that will integrate Cottés and Electro Alavesa to form a leading provider of fire protection and electronic security solutions and services in the Iberian Peninsula, with combined annual turnover close to €40 million and a workforce of around 120 professionals. Hogan Lovells represented the partners of Cottés Fire & Smoke Solutions with a Corporate/M&A team composed by: José María Balañá (partner) and Hugo Muñoz (senior associate).
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