Natixis Partners Iberia advised the private equity firm 3i and the management team on the acquisition of Gamesa Energía Servicios (GES) and Siemsa Este to Gamesa for €170m.
Gamesa’s advanced services activity has a workforce of 2,156, revolves around the development of activities related to the assembly, installation and maintenance of industrial, energy and non-energy plants under two leader companies: Gamesa Energía Servicios and Siemsa Este. In 2005 the two companies subject to the sale had aggregated sales of €210m, and an EBITDA of €19m. For 3i this operation implies their entry into a market with a high international growth rate.