Selected M&A transactions by ONEtoONE
Advice on sale
COMPOSAN ADHESIVOS is a very old company, market leader in adhesives for shoes with a very powerful brand (Obrador) considered the benchmark of quality in Spain and abroad. For sale to Paniker, the company was advised of ONEtoONE.
Other Services
As Registered Adviser, ONEtoONE advised Valencian firm Suávitas on its initial public offering on the Alternative Investment Market. The beauty chain reached 1.10 euros on its first day of trading, achieving growth of 4.76% of the initial value set at 1.05 euros per share. The company framed launch within a growth plan focused on purchasing other establishments.
Short Term Products
ONEtoONE Corporate Finance was the financial advisor of Licuas, S.A., a facility services company. Licuas dedicated to the activity of cleaning services, gardening, civil work and road conservation.
Mergers Advisory
ONEtoONE advised on the merger of Grupo Prilux, SL and Fabregat Decoración de Navidad, S.L. The process involved the merger of 70% of the capital of Fabregat Decoración de Navidad, S.L. and Grupo Prilux SL. Both are longstanding independent companies in the lighting and electrical components sector.
Reestructuration
Grupo HORFRES was advised by ONEtoONE on redefining its business plan and adjusting cash flow to the reality of the company, as a basis for debt refinancing. The restructuring included the full agreement of the banks involved. HORFRES is a group of companies in Alicante dedicated to growing and distributing vegetables –mainly carrots, leeks and parsnips– products in which they are national leaders with the highest penetration in the channel.
Reestructuration
ONEtoONE advised the hotel company Mll BayHotels during the refinancing of its bank debt in order to adapt to a schedule for repayment according to future cash generation. The Majorcan hotel company, with 8 hotels in its portfolio, made significant investments aimed at modernizing and adapting its hotels to the present and future demand of the major Tour Operators with which the firm operates.
Reestructuration
ONEtoONE advised the hotel company Mll BayHotels during the refinancing of its bank debt in order to adapt to a schedule for repayment according to future cash generation. The Majorcan hotel company, with 8 hotels in its portfolio, made significant investments aimed at modernizing and adapting its hotels to the present and future demand of the major Tour Operators with which the firm operates.
Short Term Products
In the delisting tender offer for shares of Rúticas SA ONEtoONE featured as an independent consultant in estimating the value of the shares for which the offer was made. The OPA made by Investment Transactions and Development SA turned out positive and was accepted by a number of 30,106 shares, which represents 53.83% of the shares to which the offer related, being 0.75% of the company's equity. Once the operation was complete, Rústicas S.A. was no longer quoted.
Advice on sale
The Spanish company INDUSTRIAS QUÍMICAS MASQUELACK S.A., specialised in the manufacture of paints, varnishes, solvents, lacquers, polyester and chemical products for the furniture industry, has acquired the Portuguese subsidiary BARNISOL ACABAMENTOS PARA MOBILIARIO LDA, belonging to the international company PRODUCTOS SOLRAC S.A (turnover in 2010 of 15,333,000 euros). The Portuguese subsidiary now belonging to MASQUELACK S.A. will continue to maintain the current products and licenses belonging to SOLRAC S.A. The company SOLRACS S.A., based in Barcelona, is dedicated to the wood coatings market where, after the sale of its Portuguese subsidiary, it is still one of the leading companies in Spain.
Mergers Advisory
JG Ingenieros, SA acquired the first 30% of the hydraulic engineering specialist BM Serveis d'Enginyeria i Consulting, SL. Months later, the firm took the remaining 70% of the company through a share swap. ONEtoONE's advisory service consisted of leading the merger of both companies, providing necessary support for the negotiation, managing work at meetings of both companies, calculating the exchange ratio and drafting the framework agreement and integration agreement.