Cuatrecasas, Gonçalves Pereira advises Banco Sabadell on the sale of the business that manages and recovers debts to Lindorff España

2014年7月28日

Cuatrecasas, Gonçalves Pereira advises Banco Sabadell on the sale of the business that manages and recovers debts to Lindorff España
Cuatrecasas, Gonçalves Pereira advises Banco Sabadell on the sale of the business that manages and recovers debts to Lindorff España

The transfer of the business is valued at €162 million

Banco Sabadell has concluded the sale of the business that manages and recovers unpaid debts to Lindorff España S.L.U., an international business group focusing on collection management.

The transaction was complemented with an agreement to provide services related to managing and recovering unpaid debts for an initial period of 10 years.

Cuatrecasas, Gonçalves Pereira advised Banco Sabadell in this transaction through a multidisciplinary team: partner Fernando Mínguez and associate Ana Pineda (Banking, Insurance and Financial Institutions), partner Víctor Xercavins, senior associate Marco Antonio Sanz and associate David Casanueva (Corporate), partner Manuel Follía and senior associate Pablo Rodríguez (Commercial and Financial), and senior associate Francisco Ferrandis (Tax).

The transfer was valued at €162 million, according to the Spanish Securities and Exchange Commission (Comisión Nacional del Mercado de Valores).

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