February 2012

February 2012
February 2012
Format: .PDF

SPAIN
The transactional market in Spain, during first two months of the year, had a dynamic activity. Noteworthy were the consulting segment, the food industry sector, and the technology sector, especially with investments in internet companies.  In the next few months, this tendency is likely to continue.  In February, some possible divestments were announced by private equity firms, such as: 3i, Landon, and Hutton Collins exiting Everis; and 3i exiting Café & Té. Highlights also include important acquisitions by private equity funds. UK-based Doughty Hanson acquired USP Hospitales for EUR 355m

PORTUGAL
In February the Portuguese Transactional Market was not particularly dynamic. However, some important deals were registered, namely; the conclusion of REN's privatisation; the sale of Tobis Portuguesa to Angolan Fimdrehtsich for some EUR 4m; and the sale's announcement by Eni of a 33.34% stake in Galp Energia to Sonangol. Highlights also include the dynamic investment of Angola in Portugal, and the reduced activity from private equity funds.