Portobello Capital promotes purchase of metallurgical company M. Serrano by USA Group

2021-10-21T00:00:00
Spain

We advised Grupo Shu Cicero S.L. in the sale of 100% of its metallurgical company M. Serrano to USA Group, a company owned by Portobello Capital.

Portobello Capital promotes purchase of metallurgical company M. Serrano by USA Group
October 21, 2021

Cuatrecasas has advised Grupo Shu Cicero S.L. on selling its metallurgical company M. Serrano to the Biscay-based USA Group, a company owned by Portobello Capital.

Cantabrian company M. Serrano has produced precision-machined metal parts with a focus on the automotive industry for over 30 years, although in recent years it has opted for a product diversification strategy, including items such as electric bikes. The completion of this transaction brings new markets to USA Group, promoting sustainable mobility solutions and technological innovation.

The Cuatrecasas Bilbao office team handling this project was made up of lawyers Elvira Azaola, Begoña Segovia, Rocío Cruces, Marina Pérez-Sasia and Elbire Corral.

October 21, 2021