Cuatrecasas has advised Seat on the acquisition of all the share capital of RESPIRO, S.L., a leader in car sharing services that currently operates mainly in Madrid
The company will soon be operating in all the major Spanish cities.
This transaction is part of the Volkswagen Group’s plan to make strategic acquisitions to offer its clients new mobility services in Europe.
SEAT, S.A. designs, manufactures, and markets cars. The company, was formerly known as Sociedad Española de Automóviles de Turismo, S.A. and changed its name to SEAT, S.A. in 1991. SEAT, S.A. operates as a subsidiary of Volkswagen Finance Luxemburg S.A.
The Barcelona M&A team, formed by Corporate and Commercial partner Javier Fontcuberta (Picture) and associate Xavier Morera, led the transaction.
Law Firms: Cuatrecasas;
Clients: SEAT, S.A.;