Basque mergers and acquisitions February 2015

30/03/2015
Diego Gutiérrez
Basque mergers and acquisitions February 2015
Basque companies have been active this month of February 2015, 5 companies have been M&A transactions and mergers and acquisitions that have a Basque company as a protagonist, and in 4 of them, foreign companies have participated.

 

Canada's Comalatech buys Keinoby

Comalatecha Canadian technology company that develops software for companies, has bought the Alavesa-based start-up Software Keinoby Lab, specialising in the creation of plugins for organising content in corporate work environments. Its first product, launched at the end of 2013, is Yoikee Creator, a software that helps to manage knowledge within an organisation, using the concept of mind maps to create and maintain corporate wikis.

 

Arregui Buzones buys Domus Industriale

Arregui, an industrial company providing solutions for common living spaces and security, has acquired Italian company Domus IndustrialeItalian safe company. With this purchase, Arregui strengthens its market in Italy.

 

Thinking Phone buys Klink

La Americana Thinking Phone has bought Klink, a Basque startup, with offices in New York, capable of recognising the number that is calling the mobile phone.

 

Codorniu buys Kutxabank's stake in Bodegas bilbaínas from Kutxabank

The Basque bank Kutxabank has sold its 5.9 % stake in the capital of Bilbaínas Wineries 2.758 million to the majority shareholder, Codorniu.

The Bilbaínas winery is located in La Rioja although its headquarters are in Bilbao. It produces brands such as Viña Pomal, Viña Zaco and La Vicalanda.

"Kutxabank has reduced its industrial holdings in recent years to comply with supervisory requirements. Among the sales have been those of its stakes in part of Euskaltel, Ibermática and Enagás," says Diego Gutiérrez of Abra-Invest.

 Union Financiere Holding has bought Caveo Automotive

France's Union Financiere has bought EL 40% Basque company Caveo Automotive for €12.8m.

 

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Operations Biotechnology February 2015

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