At Baker Tilly Tech M&Awe advise technology and industrial companies on strategic investment operations, mergers and acquisitions (M&A) and inorganic growth processes.
A representative example of our experience is Elion's investment in Voltec, a transaction advised by Baker Tilly during the first quarter of 2020, which continues to be a benchmark case in the industrial automation sector.
The transaction was structured as a strategic investment aimed at strengthening technological capabilities, generating commercial synergies and expanding the range of advanced industrial solutions.
The transaction enabled both companies to strengthen their technological capabilities, expand their commercial reach and accelerate their positioning in key industrial sectorsat a time when digitalisation and automation were beginning to play a decisive role in the industry.
The transaction was structured as a strategic investmentaimed at creating industrial and commercial synergies. Thanks to this alliance:
- Voltec brought to Elion its ability to integrate and implement complete solutions for end customers, also incorporating advanced software platforms into the group's offering.
- Elion enabled Voltec to leverage its commercial network and presence in key markets, facilitating the expansion of its solutions to new end customers and industrial sectors.
These types of transactions reflect a clear trend in the market: the integration of engineering, automation and industrial software as a lever for sustainable growth.
Target: Voltec
Voltec is a Spanish industrial engineeringcompany specialising in consulting, design and implementation of automation systems for production processes.
Industries in which Voltec operates:
- Water treatment
- Food sector
- Drinks and water
- Graphic arts
- Construction
- Laboratories and medical sector
- Metallurgy and welding
- Chemical industry
Its multi-sector experience and high technical expertise make it a key strategic partner in industrial automation investment operations.
Investor: Elion
Elion, founded in 1964, is a Spanish company specialising in the design and supply of complex industrial systems, offering comprehensive solutions tailored to the most demanding technical requirements.
Elion's lines of business:
- Industrial automation
- Fluid control
Elion's technological solutions:
- Control and display systems.
- Identification and positioning systems.
- Industrial field buses.
- Final elements: sensors, actuators, valves, and control systems.
The investment in Voltec is part of Elion's strategy to strengthen its technological offering and expand its capabilities in advanced automation.
Advice from Baker Tilly Tech M&A on the transaction
Baker Till's Tech M&A team advised Elion's shareholders throughout the investment process. The transaction was led by Diego Gutiérrez, a partner specialising in technology and industrial companies.
Elion's investment in Voltec, executed in 2020, forms part of Baker Tilly Tech M&A's track record in transactions related to industrial automation, engineering and industrial software, strategic investments and inorganic growth, and technology M&A.
Baker Tilly International's corporate finance services include advising on cross-border transactions for clients doing business in multiple locations. Baker Tilly's network spans more than 140 territories, with more than 43,000 people working in 650 offices.
Baker Tilly is an international network of independent professional business services firms specialising in advisory, consulting, audit, tax, legal, accounting, labour and management services for SMEs and multinational companies.
