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Freshfields advises China Tianying on the sale of Urbaser group to Platinum Equity

Freshfields has advised China Tianying on the sale by its wholly owned Spanish subsidiary, Firion Investments, S.L.U., of the total share capital of the Spanish company Urbaser to Global Moledo, an investment vehicle managed by Platinum Equity.  The Enterprise Value of the Urbaser group is circa €3.5 billion.

Urbaser is a world leader in environmental management, a global sustainability-oriented company, serving more than 50 million people in 30 countries through a huge network of more than 35,000 employees and over 160 subsidiary companies.  Freshfields already advised China Tianying on the acquisition of the Urbaser group back in 2016 from the Spanish listed construction and infrastructure group ACS.

The Freshfields team is being led by Global Transactions corporate partners Armando Albarrán and Alan Wang supported by senior associates Álvaro Manzanos and River He and associate Mario Pacini.  Global Transactions finance advice is being provided by partner Thomas Ng, counsel Cristina Esteve and associate Álvaro Galobart. Antitrust advice is being provided by partner Álvaro Iza, counsel Enrique Carrera and senior associate Carmen Virgós.  Of Counsel Ignacio Borrego, senior associate Ana Calvo and associate Miguel Ángel Calvo are providing regulatory advice.  Tax advice is being provided by partner Bosco Montejo and associate Javier Sánchez.  Further advice on real estate matters is being provided by Carolina Vergara and Francisco Moya and partner Raquel Flórez is providing advice on anti-bribery and corruption matters.


For a Spanish-language press release please click here.