Lisbon, Portugal – In a significant expansion move, Rodamientos y Servicios, commonly known as Royse, has acquired the entire business of Auto Progresso Industrial Lusitânia (April), a company specialized in mechanical and electromechanical transmissions. Following the acquisition, the company will be rebranded as April Royse Unipessoal LDA. This deal was facilitated by Abreu Advogados, a law firm with expertise in corporate transactions.
April, established in 1986 in Sacavém, a suburb of Lisbon, has been a prominent player in the Portuguese market, offering products like chains, transmission belts, couplings, and conveyor parts. It serves a broad range of national and international markets, backed by an extensive inventory aimed at supporting local industries with maintenance, repair, and equipment manufacturing services.
The acquisition is poised to strengthen Royse’s footprint in the Portuguese market, amalgamating April’s extensive local experience with Royse’s broader industry connections. This strategic move is expected to enhance operations, benefiting from synergies between both companies’ expertise and established networks.
The legal negotiation and strategic advisory for this transaction were provided by a multidisciplinary team from Abreu Advogados, led by Hugo Teixeira. The team included Fernando Veiga Gomes and Francisco Estácio, specializing in corporate and mergers & acquisitions. Their expertise was crucial in steering the negotiations to a successful closure.
Supporting the main corporate team, professionals from other areas played integral roles. Patrícia Perestrelo handled labor-related components of the deal while Susana A. Duarte advised on tax implications. Real estate aspects were managed by Patrícia Viana along with associate Manuel Santiago. Urban planning inputs were contributed by Ana Luísa Ferreira and Tiago Salgueiro Mendes.
This acquisition is expected to not only consolidate Royse’s position in the market but also leverage April’s established relationships and expertise to facilitate smoother integration and growth in the Portuguese market. The newly formed entity, April Royse Unipessoal LDA, is poised for development and expansion, aiming to set new benchmarks in the industry.
For stakeholders and industry watchers, this transaction is a demonstration of strategic growth facilitated by expert legal and operational guidance, pointing towards a trend of increasing cross-border mergers and acquisitions in the sector.
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