Cuatrecasas advises on selling 12.39% stake in Solarpack for €101 million

February 4, 2021

Cuatrecasas lawyers advised on the sale—through an accelerated bookbuild offering—of a block of 4,122,501 shares, representing 12,39% of Solarpack Corporación Tecnológica’s share capital, for €101 million.

Solarpack, founded in 2005, is present in Europe, North America, Latin America, Asia and Africa. This transaction, aimed exclusively at qualified investors, has increased the company’s liquidity and shareholder base.

Cuatrecasas lawyers Jose Ramón Berecibar and Lara Vettorazzi advised on the sell side (Beraunberri, Landa LLC, Burguest 2007 and Onchena) in close collaboration with the participating banks (Société Générale and Banco Santander). Following the placement, Beraunberri holds 40.12% of Solarpack’s share capital, Burguest 2007 holds 7.94%, Landa LLC 2.92% and Onchena 5.08%.

Share: 
Related news