TTR Dealmaker Q&A with Pérez-Llorca’s Corporate Partner Carmen Reyna

Published in TTR Blog

In her interview for TTR’s quarterly report, Carmen Reyna, partner in Pérez-Llorca’s Corporate and M&A practice area, analyses the outlook for the Spanish transactional market in the current economic climate.

TTR: How would you describe the current situation of the players in the M&A market in Spain with the current global political and economic situation this year? 

Fortunately, and despite the circumstances, 2022 has once again been a good year for M&A in Spain. Investors have taken advantage of our emergence from the pandemic to bet on sectors with recovery potential (such as leisure, catering and tourism), as well as those that have shown resilience in adverse cycles (such as logistics or energy). The impact of the Ukraine crisis, inflation and energy uncertainty are being felt, but despite this, investors have continued to support the Spanish productive industry. Companies are making way for investors to come in and, on occasions, coordinating this entry with refinancing processes, in order to bolster their balance sheets, maintain their strength and grow through acquisitions.

To read the full interview click here.

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