Alcalá de Henares, Spain — Acciona, a leading Spanish infrastructure company, has expanded its operations by acquiring Mytra Control, a technology firm renowned for its automation and control solutions in the water management sector. The acquisition, which involved the purchase of 100% of Mytra Control’s share capital from its founding shareholders, is set to enhance Acciona’s capabilities in this critical area.
Mytra Control, based in Alcalá de Henares, has built its reputation over more than a decade of service in the automation field, focusing on infrastructure projects across Spain. The company specializes in technological engineering for industrial automation and has established a diverse client base that includes both national and international entities.
This strategic move aligns with Acciona’s commitment to strengthening its water division, which encompasses a range of operations. These include the construction of desalination and purification plants, as well as wastewater treatment facilities. Acciona is actively involved in managing the entire water cycle, from capture to treatment, underscoring its dedication to sustainable water solutions.
The legal transaction was handled by a skilled team from EY Abogados, led by partner Susana Gómez Badiola, who specializes in corporate, mergers and acquisitions, and private equity. She was joined by senior manager Elsa Puentes Hernández and senior associate Félix Madero Recio, both of whom are key figures in the corporate and M&A department. The team also included Beatriz Ruiz Herrero, a senior manager from the Public Law department, highlighting a collaborative approach in navigating the complexities of the acquisition.
Additionally, the tax implications of the deal were managed by Elena Sánchez Llorente, partner, and Francisco Triviño Nuñez and Rocio Meca Fernández, both senior managers in the Tax Law department. Labour law considerations were addressed by Raul Luis García González and Nicolás Chacón González, serving as partner and senior manager, respectively.
This acquisition not only enhances Acciona’s portfolio but also signifies a growing trend in the infrastructure sector toward integrating advanced technological solutions for water management. With increasing demands for efficient water resource management, Acciona’s investment in Mytra Control positions the company to lead in innovative solutions for this vital sector.
The integration of Mytra Control’s expertise is expected to bolster Acciona’s existing projects and offer new avenues for growth within the water infrastructure domain, ensuring that the company remains at the forefront of the industry.
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