Selena Group Acquires IGM Group with Legal Advice from CMS Portugal and Cuatrecasas

CMS Portugal advised Selena Group and Cuatrecasas advised IGM Group; Oaklins acted as Selena’s financial advisor and Origem advised IGM Group’s management. Selena Group, a Polish holding company active in the production and distribution of chemical products for construction, has agreed to acquire 100% of the shares in IGM Group, a Portuguese producer and distributor of sandwich panels, as part of its strategy to enter the thermal insulation products market. The acquisition will be completed in stages and is intended to expand Selena’s product portfolio and strengthen its position across the Iberian markets. It also constitutes a key step in the implementation of Selena Group’s business expansion strategy based on mergers and acquisitions, particularly in the thermal insulation segment. The transaction is subject to certain conditions precedent, including obtaining the consent of the Portuguese competition authority and a positive outcome of due diligence encompassing financial and legal matters. CMS Portugal represented Selena Group with a team composed by: Francisco Xavier de Almeida (partner, Corporate Mergers and Acquisitions practice area) who led the team; senior associate André Guimarães and trainee Henrique Mafra Falcão (both Corporate Mergers and Acquisitions). The team also included Real Estate practice area members partner João Pinheiro da Silva, associate Carlos Henriques Saraiva and trainee Duarte de Castro Rodrigues, and Competition and EU Law practice area members partner Luís Miguel Romão and associate Maria Joana Faria. Cuatrecasas represented IGM Group with a team composed by: M&A partner Samantha Cyrne, associate Rodrigo Bastos Peixoto and trainee associate Gonçalo Ferreira da Mata. Oaklins represented Selena Group as financial advisor with a team composed by: managing partner João Beirôco and director Vera Pinto. Origem represented IGM Group’s management with a team composed by: Victor Guegues and Leonor Dantas.

Selena Group Acquires IGM Group with Legal Advice from CMS Portugal and Cuatrecasas

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