Paris Fonds Vert’s Investment in Construcía

EY Abogados advised Construcía, while Garrigues acted as legal advisor to Demeter in the transaction.

Spanish construction company Construcía, pioneering in the development of a circular construction model, announced that Paris Fonds Vert has taken a 22% stake in its capital as part of an investment intended to finance its ambitious development program.

Paris Fonds Vert is an investment fund whose vocation is to support European, innovative and high-growth SMEs whose solutions contribute to the ecological transition of large cities. The fund, whose initiative comes from the city of Paris, is managed by Demeter Partners, a pioneer and leader in the management of funds dedicated to ecological transition.

The investment which can go up to 44% of the capital will allow the company to continue its international expansion, with particular emphasis on the French market, to strengthen its capacity to invest in innovation, as well as to finance its circular real estate promotion activity.

The investment will allow the company to continue its international expansion with a particular focus on the French market, strengthen its investment capacity in innovation, as well as enhance its circular real estate development activity.

EY Abogados advised Construcía with a Corporate / M&A team led by partner Francisco Silván (Picture), senior manager Elsa Puentes and senior associate Mercedes Atencia, with the support of Rewards partner Olga Cecilia.

Garrigues acted as legal advisor to Demeter and carried out the Legal, Tax and Labour Due Diligence with a team led by M&A partner José Fernández-Rañada, together with Commercial senior associate Beatriz Jimeno.

Involved fees earner: Mercedes Atencia Gross – EY (Ernst & Young); Olga Cecilia – EY (Ernst & Young); Elsa Puentes Hernandez – EY (Ernst & Young); Francisco Silván – EY (Ernst & Young); José Fernández-Rañada López-Dóriga – Garrigues; Beatriz Gimeno Vilarrasa – Garrigues;

Law Firms: EY (Ernst & Young); Garrigues;

Clients: Construcía; Demeter Partners;

Author: Federica Tiefenthaler