Compañía Minera Autlán, S.A.B. de C.V. (BMV:AUTLAN B) acquired magnanese dioxide unit and 50% stake in Portable Energy Cogeneration from Celaya, Emparanza y Galdos Internacional S.A for 26.3 million.
February 09, 2020
Share
Compañía Minera Autlán, S.A.B. de C.V. (BMV:AUTLAN B) acquired magnanese dioxide unit and 50% stake in Portable Energy Cogeneration from Celaya, Emparanza y Galdos Internacional S.A. on February 10, 2020. DLA Piper has been the legal advisor of this transaction. PwC Asesores Negocios, SL acted as accountant for Sherpa Capital, investor in Celaya, Emparanza y Galdos Internacional S.A.
Compañía Minera Autlán, S.A.B. de C.V. (BMV:AUTLAN B) completed the acquisition of magnanese dioxide unit and 50% stake in Portable Energy Cogeneration from Celaya, Emparanza y Galdos Internacional S.A. for 26.3 million on February 10, 2020. Teresa Zueco, Remei Sánchez, Pablo García and Luis Gutiérrez of DLA Piper acted as legal adviser to Sherpa Capital. EY Spain acted as a financial advisor and financial due diligence provider to Compañía Minera Autlán, S.A.B. de C.V. (BMV:AUTLAN B) in the transaction.
Compania Minera Autlan SAB de CV is a Mexico-based company primarily engaged in the mining, exploitation, production and sale of manganese ore and manganese ferroalloys. The Companyâs activities are divided into three divisions: Ferroalloys, Manganese and Energy. The Ferroalloys division is responsible for the manufacture of manganese ferroalloys for steel sector, including high, medium and low carbon ferromanganese, as well as silicomanganese, among others. The Manganese division focuses on manufacturing of manganese nodules, manganese carbonates, battery and ceramic grade natural manganese dioxides and manganous oxide. The Energy division generates energy through hydroelectric power plant. The Company operates through a number of subsidiaries, such as Autlan Metal Services SA de CV, which offers complementary products of the steel industry to its customers. The Company is owned by Autlan Holding SAPI de CV.
Compañía Minera Autlán, S.A.B. de C.V. (BMV: AUTLAN B) acquired magnanese dioxide unit and 50% stake in Portable Energy Cogeneration from Celaya, Emparanza y Galdos Internacional S.A for €26.3 million.