Natixis Partners Iberia advised Aciturri Aeronáutica, a leading developer and manufacturer of aeronautical components, on the transaction by which Madrigal Participaciones, an investment vehicle owned by the six savings banks in Castilla León, approved an investment of €30m in the company between 2009 and 2010.
The transaction, which will enable the creation of around 350 new jobs in Boecillo (Valladolid) and Miranda del Ebro (Burgos) premises, is aimed at strengthening the company’s financial structure in order to carry out its business plan and consolidate its leadership position.
Despite the complexity of the transaction derived from the economic slump in the market and the aeronautical sector, the transaction was approved and was solely conditioned to some technical points set between both parties.