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Mergers and Acquisitions, Private Equity

Nctm with Thytronic S.p.A. on the acquisition of iGrid S.L.

Nctm Studio Legale assisted Thytronic SpA, leader in the field of power protection and control, on the acquisition of the majority stake of iGrid SL, a Spanish company active in the design of solutions for the automation and control of energy networks.

The entrance of Thytronic S.p.A. in iGrid S.L. has been accompanied by a capital increase aimed at supporting and accelerating the growth of this business sector through the creation of synergies within the group. With the same purpose, the transaction was completed with the agreement to maintain management roles and directives for the founding members who – having sold part of their stake – remained as minority shareholders and first line of management of the new business unit.

The operation sanctions the integration of Thytronic S.p.A. in the world of automation, supervision and control of networks, and is in line with its development path, which expects targeted growth  leverage to external lines with specially skilled companies,  in favour of a supply widening and a higher penetration of the market.

Thytronic S.p.A. was assisted by Nctm Studio Legale with a team led by Riccardo Papetti and Laura Cinquini and, for activities in Spain, by DiG Abogados with a team led by Francisco José Vinaches and Marcos Jiménez de Parga.

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