Visalia’s Acquisition of Watium

Araoz & Rueda advised Grupo Visalia on the deal.

Grupo Visalia, an independent energy group that produces and supplies renewable energy and other related services to SMEs, small businesses and individuals, executed the acquisition of Watium, an electrical energy trading company with revenues exceeding €50 million and specialised in the client segments of property administrators and residential communities.

With this acquisition, Grupo Visalia, which includes the investment fund GreenMont among its shareholders, now controls a group of 20 electrical energy trading companies exceeding 110,000 clients throughout Spain.

Araoz & Rueda’s team was led by partner Laura Vintanel (Picture) and associate María Nieto, and included partner Clara Mañoso and associates José Pedro Láinez, Pablo Gamboa, Elly Yazhen Wang, María Cano, Javier Sánchez Sánchez and Juan Viaño García.

Involved fees earner: María Cano – Araoz & Rueda; Pablo Gamboa – Araoz & Rueda; Pedro Láinez – Araoz & Rueda; Clara Mañoso Giménez – Araoz & Rueda; María Nieto – Araoz & Rueda; Javier Sánchez – Araoz & Rueda; Juan Viaño García – Araoz & Rueda; Laura Vintanel – Araoz & Rueda; Elly Wang – Araoz & Rueda;

Law Firms: Araoz & Rueda;

Clients: Grupo Visalia;

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Federica Tiefenthaler

Author: Federica Tiefenthaler